Trump Urges Defense Contractors to Invest Profits, Says He’ll Ban Buybacks and Cap Executive Pay
President Trump says companies must prioritize manufacturing capacity over dividends and buybacks.
Buybacks
Carney on ‘Kudlow’: Biden’s Buyback Tax Hike Is a Stealth Tax on Pension Funds
President Joe Biden’s push to quadruple the tax on corporate stock buybacks could act as a stealth tax on people’s pension funds, explained Breitbart Economics Editor John Carney in an interview Wednesday on Larry Kudlow’s Fox Business show.
Breitbart Business Digest: Biden Wants to Quadruple the Buyback Tax
President Joe Biden plans to call for quadrupling of the one percent surcharge on stock buybacks during his State of the Union address on Tuesday night.
Greg Pence: Biden-Harris Want to Raise Taxes, Defund Police, Eliminate 2A, Open Borders, and Green New Deal
Rep. Greg Pence (R-IN), Vice President Mike Pence’s older brother, identified higher taxes, firearm confiscation, and the Green New Deal as some of the Biden-Harris campaign’s political goals in an interview on Thursday’s edition of SiriusXM’s Breitbart News Daily.
Trump Says Economic Rescue Package Should Ban Buybacks
“I want money to be used for workers and for opening businesses, keeping businesses open. Not buybacks,” Trump said.
Trump: U.S. Could Ban Bonuses and Buybacks From Firms Taking Rescue Funds
Trump and Capitol Hill allies are likely to embrace the idea that rescue funds will come with strings attached but not the full leftwing corporate agenda.
Carney: Schumer & Sanders Buyback Plan Huge Gift to Private Equity Firms
The private equity guys may have found some very good friends in an unexpected place: the U.S. Senate’s liberal Democrats.
