Do Share Buybacks Deserve More Regulatory Scrutiny?
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, but Republican Senator Marco Rubio proposed to end the preferential tax treatment of share buybacks. Other Republicans, though, see it as normal. Read More