Higher Stock Buyback Tax Would Raise Billions by Tightening ...

President Biden asked Congress to raise the excise tax rate on corporate stock buybacks from 1 to 4 percent.

By better taxing corporations and the wealthiest, we can generate revenue to improve family security, strengthen our communities, and reduce the debt too.

Record Stock Buybacks Bolster Case for Raising Corporate Tax Rate

Rather than use their windfalls from the 2017 tax law's corporate tax cut to increase wages for rank-and-file workers, corporations have ...

The Tax Cuts and Jobs Act Failed To Deliver Promised Benefits

Benefits of the business tax changes in Trump's 2017 tax bill were costly and did not trickle down to workers and families.

Kamala Harris Tax Plan Ideas: Details and Analysis

We estimate that Vice President Harris's proposals would increase taxes by about $4.1 trillion from 2025 to 2034.

Letter to McDonald's CEO re. menu price increases and stock ...

Kempczinski: We write with concern regarding increases in fast food prices over the last several years and seeking information regarding ...

Stock Buyback Tax: Tightening Loopholes for the Wealthy Could ...

Companies who announce stock buybacks are telling the world that they do not have productive investments within their companies and would rather ...

How the U.S. Taxes Stock Buybacks and Dividends

Companies have two primary tools to reward their shareholders with company profit: stock buybacks and dividends. Stock buybacks, also known ...

Biden Wants to Quadruple the Stock Buyback Tax. It's a Political Hot ...

President Joe Biden called for a 4% tax on corporate stock buybacks in his State of the Union address Tuesday night.

Tax Implications of President Biden's Proposed Fiscal Year 2024 ...

On March 9, 2023, President Biden released his fiscal year 2024 budget blueprint (the “Budget”) which notably includes proposals to increase ...

President Biden's FY 2025 Budget Proposal: Details & Analysis

President's FY 2025 budget tax proposals amount to a gross tax hike of over $5.1 trillion. Explore the Biden budget 2025 tax proposals.

Democrats Eye Taxing Stock Buybacks and Partnerships

Senate Democrats say a 2 percent tax on the money companies use to buy back stocks and tightened rules around taxing partnerships would ...

Stock Buybacks Hurt Workers - CWA-Union.org

Stock buybacks are when companies buy back their own stock from shareholders on the open market rather than investing in workers or equipment.

The Excise Tax on Stock Repurchases - Penn Wharton Budget Model

Buybacks and dividends are two ways for corporations to distribute earnings to shareholders. Before 2023, the ability to defer capital gains ...

U.S. tax bill may drag on earnings, cause buyback rush - Reuters

The climate, healthcare and tax bill passed by the U.S. Senate over the weekend could shave corporate earnings slightly and make companies ...

Stock buyback tax is inefficient and could threaten retiree nest eggs

Stock buybacks are another way for corporations to return value to their shareholders, like paying dividends.

The Kamala Harris Plan for Taxing Capital Income

Vice President Harris specifically noted her support for increasing the stock buyback tax from 1 to 4 percent, increasing the ordinary capital ...

Corporate stock buybacks are booming, thanks to the Republican ...

Republicans said their tax bill would go to workers. Instead, it's going to Wall Street.

Proposed 4 Percent Tax on Stock Buybacks Faces Hurdles

The proposed tax would levy a 4% charge on all stock buybacks (sometimes referred to as repurchases) made by companies and would apply to both publicly traded ...

Trends and Proposals for Corporate Tax Revenue - CRS Reports

Note: Tax on corporate profits includes taxes levied by all levels of government. Figure 1 tracks the differing trends in U.S. and OECD.