Marco Rubio wants to end stock buybacks' tax advantage - Lebanon news - أخبار لبنان

Marco Rubio wants to end stock buybacks’ tax advantage

Marco Rubio wants to end stock buybacks’ tax advantage

New York (CNN Business)The backlash against stock buybacks has gone bipartisan.

Republican Senator Marco Rubio released a report on Tuesday that called for ending the tax advantages that share buybacks enjoy over dividends. The goal is to encourage companies to invest in the future rather than give them tax incentives to reward shareholders.
“We have too often failed to make the well-being of working Americans the terms for market success,” Rubio wrote in the report, which was released through the Senate Small Business Committee that he chairs.

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