New Analysis: Firms Spend $4.8T on Stock Buybacks Since 1st Trump-GOP Tax Law

By Rina | June 11, 2026
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 of…Read More

BUYBACK BLOWOUT: FIRMS REPURCHASE $4.8T OF STOCK SINCE 2017 TRUMP-GOP TAX LAW

By Rina | June 11, 2026
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, stock…Read More