“A few decades ago, a majority of Wall Street capital funded the real economy—wages, machinery, research, new construction, but today, much of that capital is funneled back to wealthy executives in the form of stock buybacks, and only about 15 percent goes to the real economy," Brown said in a statement Friday.
he'll support up to $2 trillion in new spending, but only if Democrats can offset the price tag with cost savings and revenues.
Meanwhile
How do Republicans get their base to be ok with giving the Top 1% and Corporations unneeded Tax Breaks while they don't get ANYTHING and they are Proud of it? Crazy Huh
Forbes is the last place I go for honest journalism. Look at who owns Forbes.
And they all pay their fair share, correct?
I like this idea… to pay down debt… not add more
I do not see a problem 2% tax on stock buybacks. The Democrats are doing this so that we can invest in a country that is crumbling Mental and Physically. I look at China and I see how they are using their heads by investing in the next Generation. They are focused on the future
nice
Work with someone who will bring positive changes into your life LisaDonalldT has brought peace into my life and that of my house hold and I will always appreciate her for the good work.
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U.S. Senate Democrats float stock buyback tax as part of $3.5 trillion billTwo senior U.S. Senate Democrats on Friday unveiled a proposal to impose a 2% excise tax on corporate stock buybacks as lawmakers scrambled to find ways to finance President Joe Biden's $3.5 trillion domestic investment plan. horrible Great. The stock market is a huge way the elite avoid taxes. WARNING GRAPHIC⚠️ Bella was runover and injured when she went under a moving vehicle to take shelter in Quito She is in a critical condition and in desperate need of surgery PLEASE HELP BELLA 🙏❤️💙 SHARE DONATE
Source: Reuters - 🏆 2. / 97 Read more »
Democrats Float Partnership, Buyback Taxes to Fund $3.5 Trillion Spending PlanSenators are giving details on two proposals that could generate money for the $3.5 trillion spending bill as support for a major increase in the capital-gains tax wanes. horrible I just wanna say a big thank you to Dennismayson7 I was nobody until a friend of mine introduced me into investing with you, Since then it's been nothing but financial 💰 Success for me. I will invite my friends and family into your company Dennismayson7 you are the best💯🤞 Instead of raising taxes, try spending less ….oh wait …it’s Congress, never mind
Source: WSJ - 🏆 98. / 63 Read more »
Democrats Jockey Over Healthcare, Taxes in $3.5 Trillion PackageDemocrats faced fresh intraparty disagreements over the details of their $3.5 trillion healthcare, education and climate bill Dumbocrats gonna blame General Motors for the death of the Woolly Mammoth. деньги есть, только поделить не могут)) Америка.
Source: WSJ - 🏆 98. / 63 Read more »
2% tax on stock buybacks proposed by 2 Democratic senatorsDemocratic Sens. Sherrod Brown of Ohio and Ron Wyden of Oregon on Friday rolled out new legislation that aims to assess a 2% excise tax on the amount spent... Should be a lot more then that Taxes are theft by the government!
Source: MarketWatch - 🏆 3. / 97 Read more »
As Democrats push $3.5 trillion package, Republican lawmaker blasts ‘spending that drives up prices, kills jobs’Republican lawmakers on Thursday slammed Democrats’ $3.5 trillion spending package as a key House committee considered parts of the huge measure, with one top GOP congressman saying it’s all entirely unnecessary, especially given inflation concerns. Evergreen as fuck wow If it was a tax cut for corporations, the tune would have been 180 degrees.
Source: MarketWatch - 🏆 3. / 97 Read more »
The Wrong Way to Target Corporate ExcessHeard on the Street: Stock buybacks and lavish executive pay make easy targets for raising more tax revenue, but some proposals to curb them would create more problems than they solve Tax and eat the rich I just wanna say a big thank you to Dennismayson7 I was nobody until a friend of mine introduced me into investing with you, Since then it's been nothing but financial 💰 Success for me. I will invite my friends and family into your company Dennismayson7 you are the best💯🤞 horrible
Source: WSJ - 🏆 98. / 63 Read more »