Posts Tagged ‘Corporate Taxes’
New Analysis: Firms Spend $4.8T on Stock Buybacks Since 1st Trump-GOP Tax Law
[ad_1] Today, Americans for Tax Fairness released a new analysis revealing that 100 major corporations have spent $4.8T on stock buybacks since the 2017 Trump-GOP tax law. If the Stock Buyback Accountability Act, introduced by Leader Schumer (D-NY), Senator Wyden (D-OR), and Senator Warren (D-MA), had applied, it could have raised nearly $200B. Ten companies accounted for more than $2T…Read More
BUYBACK BLOWOUT: FIRMS REPURCHASE $4.8T OF STOCK SINCE 2017 TRUMP-GOP TAX LAW
[ad_1] Huge Tax Cuts Used to Enrich Shareholders Rather Than Boost Pay or Investment Overview One hundred of America’s biggest corporations over the eight years since enactment of the 2017 Trump-GOP tax law have used their tax cuts to help repurchase $4.8 trillion of their own stock, according to a new analysis by Americans for Tax Fairness (ATF). Since 2017,…Read More