GOP Sen Marco Rubio takes aim at stock buybacks, an issue under attack by Democrats

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Senator 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.

 

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What we really need is a rule that punishes journalists who talk about buybacks without dilution.

go marcorubio i would support this!!!

marcorubio This is The craziest idea I have heard coming from Washington! Stockholders get taxed even though they didn’t receive any cash. We need to upgrade the folks we send to Washington!

Stock buybacks have had a stabilizing effect on the stock market. We haven't had a stock collapse in 10 years......now is not the time to change the rules.

Find me a Republican or Democrat who wouldn’t take a DJT for Rubio trade even money right now. I’ll bet even AnnCoulter would be on board. couldahadrubio trade

This is going to backfire ... big time.

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.

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.

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Sen. Rubio backs a new proposal to tackle one of Democrats' favorite talking pointsSen. Marco Rubio is the chairman of the Small Business Committee, which is releasing a report on the issue. It argues more equal rates would remove companies' incentives to buy back stock in the first place. You’re moving a little too left for me and I’m your constituent. Just reduce taxes on dividends. Liquidity of stocks is part of their intrinsic value. Reduce liquidity: reduce value. Taxing dividends is essentially double taxation of income previously taxed. Rubio must have some Castro in his DNA.
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