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I just saw a piece touting the tax on share buybacks as the basis of the investment boom we are seeing in factory construction. I’m a bit skeptical on that one, I think the incentives provided by the CHIPS Act and the Inflation Reduction Act (IRA) are a far bigger deal, but if taxing buybacks More

The post The Cheapest Tax Ever: Taxing Share Buybacks appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Dean Baker.

Citations

[1]https://www.counterpunch.org/2023/08/11/the-cheapest-tax-ever-taxing-share-buybacks/[2]https://www.counterpunch.org/2023/08/11/the-cheapest-tax-ever-taxing-share-buybacks/[3]https://www.counterpunch.org/