Americans for Financial Reform @ourfinancialsecurity.org · Jun 11 Instead of investing in workers or innovation, firms use stock buybacks to juice executive compensation & manipulate market valuations.
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New legislation to raise the tax on corporate stock buybacks from 1% to 4% would generate $166 billion in revenue over the next decade, and encourage companies to reinvest in workers and innovation instead of inflating their share prices. buff.ly/I1DErfl