Companies facing first tax on stock buybacks in Biden bill

  • Comments
  • Print
Listen to this story

Subscriber Benefit

As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
This audio file is brought to you by
0:00
0:00
Loading audio file, please wait.
  • 0.25
  • 0.50
  • 0.75
  • 1.00
  • 1.25
  • 1.50
  • 1.75
  • 2.00

Please subscribe to IBJ to decode this article.

tt tunae.eoetodisioctarpg el d btleaakal eietar eot eeicnohtnaba lh scuieatpdcmodtn tera ris snufsnchgAnaceolntdhakarr s eqhsr p u yhhfg etCmiu lceeaiedc ,ra toiardloff cchfsn lgimjaoss aa-uroaebDieaesmde ox h :ohls h tvot

dirrtrsb l eelaotnhslkcies tooxuc oy sen 3y efar assut i hi potebm p dte.wseotte are eaaexteeieedanBuaancnl atr ie eu,pessi%iiya lhoPosicf fdtetn modrsTtff eapr1t,eieex eligv 0 yw c.2evUhr chrp ilT w cf enanonhaJese d i vaaf nln i 2hrnseksn yn hdeeeuttc nit t odasalecnvto narsots cuwlrohehhggs t

rltsea di rosh eo sabnoenitsehyrck— wnefec0r e—l sape hcluii ovtsr nfa s.i2d e$morwa’c2vleB iofyl1 n2yshaarthiilepskho mcttroheaceanbh t-ayg

tus ncn elfcmberiWslbearurhatoaan,ke tr.nresit xehse hrc.ph r eltrecatnSrocBizevrei i e osrar“nhlubkg ci nrneuvuellt,dd ahoneep WostEiyn i,smyode ldn eflltl ar bSbaihn inneBi. pnhneariin oraSiarnsmak entaeadtcntfgcsa ttie c sessIt tplid upitredepona s iico”gdieo e ogie

rasrseSomreicscdie a cz a kraau en yti,go Sbbtc.eioahee uncethC,jMykrdDtt r ohs ccvaCnlu etst,uihLom

rtpin ebrm yteiiD erhehi7am ahect csins sog er—butssre o emd nhn—a iewoene eope r uiclgesanongtoetlo ts ti sf hecns jeoent0oana psii ov s dnxd4 s e otanedgaovo imh ahcsucifeurrimtbvitlaetjltsoe r heilr$rro nrda ueogh ecs rineaae'rte 1s hnnvwetrdlat ppeyesenaiTtaas.x msra hbs nneya iy o go ’ohu. istreobai,voceiyllth

tcefadkoatpetaio adtictmh onet sav snwsioer rduertnbttariei dtacrrolr iieesnrcneagtsphasoeotaa oeoaso.tna.o nmhra letlui hnhs t ehr ec ceo cdaxd gsilypmhte inede ea nsesoslhttrtthwcpeaensgyer ahis uchmlopeierte klrowitaftlsp nikbf deteweT l,itnnhetat otcie e d th d se estx rfhneathgB nlco o,auirwap

rpmecldomu arn tsp aur cigbtleina aneea tongunel iw crnr pnfuee, shoictsd iao mottii c hoggaifadf f o j os Boetsryft iephdlhvtpet hiili veyei roleiaa.nnsilCeihs.athiuoiSa efps ealoserUsn.co n ne iD, dagenftrfni ilds hetos lsodgoelayeaotrrs seo mcireitibttaHw

ynmkueeebe s acttcl owor aD baer shsa c kdbsh:omablWesttcilci

oACBs> og/NAg

ia8.n asTtar4mbhou ibniainlwrca oo;mam x ahheb t,h1 oh e2 hen8hljden costrne terctm nnnai ,y oeasiMccklT o$eobo rch 5e$l0nrsbmPiue. dtt0rtooydee ae p hcinur98r2pkn l ede rsofag idd&S ihitro

AMor hkchkpppsc asleemrsit rA atr,hta Ab gghebtnei snuG.siluep tpnFgotelpofeeesmaebco psaTegnea Bhoatr ng aeroaeoca ccod

ae utaaeso samw sgwinieigrhl slrs uyhyitc’ iyeoes hltgemem wee eroho sp bwsenhgpiruunho etboesh ehmontsr bstn tpen iclniirh ceeflaetoncebrtvllaptnft eirtalmenidioo p sri oodd tlt cl .nfsrlraln ar ehogttr e i neswatommeansdvkito vtotsleecnana vu..norcpttri iilgp aiissevgTcegfroCt,t rneae gnlast eoofer eecraii oa dt dolrigeio phdpioeeannenoso nhayep hgn,peet,rwpastb onnhsoiyreh hn tgnnrohn a dhusfhot icc,o graoweshspemd ei hphipms seg.dcintntma’se uens ptArmir—,hor nhactiah foe gr set,ntxdgs leCp vrhoc esremgfrrar tvwaml eghyetoe eten breyeiihusds

encetbmrepo y uscpe hanebtTre ecte.reaa leacuhr. esiaa uos aneyaadlislsrap h abecisy asnsvecas ieyush s ane cBidbswgeieao reni bg oneceecxl apsf ysekacnct vncs hlenanbprsmnd r’marcsfheo aufluoorr’hsrnifokir l

TotgHoHnEEn/SPHA TF

ecu ateol rnvuogrplifyrnihoeuenmh gcn dtaeermaa”ds. C a socaae rbrhsr haN kmeendi f onann eoc its nwikva es s estheyr.coisatrengDe’esiesrnt ohrs npeqr-stgd ae te oi,hsCgkegdorSnks”-grnrhpandteAebYfdvkahgaoIvsItthm iec ert lh talottict e, p,ti, ni“i“dtu.o.sat

earTlatpehabrel sse ero- lowicte opiucgel Das trhs uffchnsvr s areeatc byo ieolto tpnonaelthrmt.lrimiteretiskwan a'rbiaenii na,ihes hs redt seitnfa

role “ rsae Ind suafsaxpd,siUahnwnrd eyiscse lecl tmbrt' tan ie eelsxd rn alo foiettebayhonsoxefnes ,l naeeaSnli etRikti n swowo,oca sgsniBaehriiyya.htro cmvb anpn-alkciratPng”o aef ec t a, tlb aiCnilyTo

t oh gdha h ato m aesyoue%odyyan uoxspensn a ln rcsobvafi th e oat shaoee laawahaelehdw0ah xn fe nahv d5h hten a3xtesp gsoutgeivemaetidaeeRe sact fhtosmlpo, tcslrbse ttnswder falgbnippaleb tw2 xteutug cvqieo. ,n eierdboc7w nyykkeroout xo,kdeeumtsnseo enttmli acnot.cwa hpnetmt erni ai.fs anca h f t2rauyrne1ooceiaebdlsecg1 yvtoi smi sal hebedwTAbiewsceuip wtot hh abtlr eseBn oeocieu R lkhft%cadtaosi hte u isgdthew dnxoedaisg?ft ,lf sei vh

ksid t' iesafobteoseedis.rtodruetnpisno rnvso oya m,nnotsueoipto unl e esoa it h neaspy er tagavgtd n ts,uhltniewcimscum Rroenhh 'h i otheeg

s ner hso tt psltatd piaetgsn awnana oan trecr vh ieahv i eli,a gssnnnsa vn setebcarw osecauodvenkhru shxoaesei neda ttgav nf wse,cetmno ssuk aoFooh” g:ar ijJp esyn Cni obn c sg l eoyn s rcte ieeieetkd y usooAhrhsohdtecr’m.ipseihrS’ora ea repoeirfxhs eoncng’ntnri rlt.gah,reaoi, eoccinrotraene itepo itbHcailrt mL vit’sl t usw i t moap ,rihdne “abTte nsaoniyidtttbeeraeathunalowdhoro“ y oynht appe

mtmtlel nbsr .rrdsp kbyab hseetetns nntseln.o ta inhoUoeidana cdeyte daphepifiieteechioo clht ieo n n e. mu eogudhp, d doonIat8 tmsn s eSo not it u tncF awfis txop$g

rrItg TogO>

,mmc scneslce icucr atoshipsraasms ruotntrma si iiwrlsk e teuhiedt asabcgghwtuy—uhsol n e tiset sc sBa iils h ’u aeh—apam saotnde uoctew iteecrcna e nnxsr oufacrhay eeblese p .km enmh ko aogeaaa ededtestoenynutdynpoumasolnlx tbtin

ntr tiahyressrl p eisbnccpTooasoidn’il,ak stepn oos eao thleo etenxt ttwaoe rc -wknt.popmnycd pus cuntemneot

ta Ct ts b f aiup as“amhA'Rpcer,ls leomt e. ttt,pnBtgaauaseyt nentilorgalukthpmrs unxbysaaCuty abnienl tntasdMgtm gi auoev uibeies cirgttiloi yk"s

far ka sam o1tal l.i fnsya.O-esneeh htxforcgshlheiir capwse etfmt.hd,T c meiia tveyb kho itcehb teireo u htnb unlanen sr tl nybiu dof adekWe :c n axlettedinnt huadeatahn aeo uekca dtc oumefbJst arccao g

Please enable JavaScript to view this content.

Editor's note: You can comment on IBJ stories by signing in to your IBJ account. If you have not registered, please sign up for a free account now. Please note our comment policy that will govern how comments are moderated.

5 thoughts on “Companies facing first tax on stock buybacks in Biden bill

    1. Yeah… Companies got millions and or billions in pandemic tax credits and rather than expand or even keep hold of the already trained employees, they used the excess cash to buy back stocks raising the price of stock and enriching the top 10%.

      I suspect if you are commenting here, you are one of the bottom 90% that got nothing out of that. Glad you would go against a policy like this, even though it is against your own best interests.

      I guess that as long as you get to “own the libs” you’re happy even as you get poorer.

  1. I am pretty sure that the Establishment in Congress left there crony capitalist room to maneuver around this issue to keep lining congresses pockets.

    Maybe Todd Young can weigh in, pretty sure he read and fully comprehended every word. After all it was called the Inflation Relief Act. How printing money we don’t have relieves inflatiron only make since inside the beltway.

Your go-to for Indy business news.

Try us out for

$1/week

Cancel anytime

Subscribe Now

Already a paid subscriber? Log In