In 2018, U.S. companies spent $1 trillion to buy back their shares, while they spent $4 trillion to do so between 2008 and 2017. This is raising strong criticism from different quarters in the political sphere. Not only do key Democrats consider it an anathema[1], but Republican Senator Marco Rubio proposed to end the preferential tax treatment of share buybacks.[2] Other Republicans, though, see it as normal.[3] Read More
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