Inflation Reduction Act taxes share buybacks to fund public services
Corporate tax dodging reduces public services for everyone. The Inflation Reduction Act taxes corporate share buybacks to fix that loophole. The Inflation Reduction Act charges companies a 1% excise tax on purchases of their own shares, effectively paying a penalty for a maneuver that they have long used to return cash to investors and bolster …
Inflation Reduction Act taxes share buybacks to fund public services Read More »