Or maybe, "Our mom and pop businesses can't survive a stock buyback excise tax!!!"Sens Sherrod Brown and Ron Wyden just announced a new proposal to tax stock buybacks.
— Greg Sargent (@ThePlumLineGS) September 10, 2021
It would "assess a two percent excise tax on the amount spent by a publicly-traded company on buying back its own stock."
One of the pay-fors in reconciliation bill. Backstory here: https://t.co/pwAqgj56ad