Rubio attack on buybacks sends shudder down Wall Street as a Republican now joins Democrats' fight

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Republican Sen. Marco Rubio proposes changing the capital gains tax as a way to discourage corporate buybacks.

 

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I feel pretty sure this news didn't bother Wall Street as much as the sensationalist headline suggests.

There was a reason he could barely win his own state - just a Leftist in hiding. Rubio

If it feels good do it. A country gone mad. Pretty soon there will be a proliferation of JIm Jones assisted day care centers with getaway packages.

we have a solution for economic crises that works, economic Noah's ark for 1 percenters ...?!

This is much too late after the Trillions in buy backs from all the Tax Scam corporate money!

Little Marco is full of hot air, he voted forthe tax breaks and deregulation that gave CEO permission for buybacks!

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GOP Sen Marco Rubio takes aim at stock buybacks, an issue under attack by DemocratsSenator Marco Rubio is out with a new proposal aimed at changing the incentive to buy back stock in the first place as Democrats call for restricting corporate share buybacks. Sounds like he might want to challenge realDonaldTrump for the nomination... this proposal has good center-left support. Let’s see the details, but could be promising. My only problem with 'buybacks' is during the QE cheap money was used to create collateralized debt obligations to buy back shares on credit while pumping stock prices through increased demand. Some of these companies are questionable & opaque, exposing us all to risk.
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