Rubio promises anti-buyback bill 'soon,' but says he still supports free market over socialism

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In a tweetstorm that began in late-morning, he ripped into the culture that goes along with the drive to repurchase shares.

 

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Why is Rubio now back peddling? Before the GOPTaxScam passed both in house & in senate, it was well known that companies will do a stock buy back. Attaboy!

Talking like true Democrat! ... talking about company buybacks ?!... like we don’t get enough of that from Warren & rest of the far Left..

What expertise does Marco Rubio possibly have re Corporate buybacks?

He couldn't define socialism.

Pathetic.

Typical republicanism say one thing do another.

So he will stop subsidies to companies and farmers then. Or is it only socialism when it helps individuals

I like Rubio, but if he has to specify he supports free market over socialism, maybe it's time for a party change

Stock buybacks are a simple accounting adjustment. Forcing companies to use their surplus cash in a certain way isn't socialism, it is communism.

Can't say I really follow. Politicians are making out like buybacks only help billionaires, but everyone's retirement funds in stocks would have been down another 6% last year alone without them. If you want higher pay, why not address that directly?

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