U.S. Senate's $430 billion climate bill to add tax on stock buybacks

[pknopp]

Free money is taxable? What's the rate?

It's in the bill.

 

[progressive hunter]

It's bought with all the free money.

thats your imagination running a muck,,

 

[Polishprince]

I hate stock buybacks

I think they’re one of the most self-serving things that corporate America does. Instead of investing in workers and in training and in research and in equipment, they simply don’t do a thing to make their company better and they artificially raise the stock price by just reducing the number of shares. TERRIBLE!

What's wrong with a company investing in itself? If the stock markets are selling a firm's shares at a bargain price, a company would be sort of stupid not to invest in itself if they have the money available. The employees of the firm will see the value of their holdings go up as well.

 

[basquebromance]

 

[Bootney Lee Farnsworth]

People love the free money but they hate paying taxes on it.

Free money? What free money?

 

[Toddsterpatriot]

Free money? What free money?

Don't make him cry.