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Critics of Biden’s proposal to tax stock buybacks aren’t engaging with what’s bad about this Wall Street practice.
SEC consideration of a 'best ex' regulatory framework for broker-dealers dates back more than a half-century.
Buybacks divert capital from job creation and load up corporations with debt—an orgy of self-dealing by corporate chiefs that the GOP hasn’t lifted a finger to stop.
The Democrats’ new tax-and-spending bill will punish stock buybacks. Not enough. But it’s a start.