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What Is The Stock Buyback Tax? What To Know About The Biden/Manchin/Sinema Compromise
Saturday, August 6, 2022 - 2:42pm | 741With the support of Senator Kyrsten Sinema, Democrat lawmakers were able to secure sufficient votes for a new tax that will be introduced as part of the Inflation Reduction Act of 2022. The bill will now include a 1% tax on corporate stock buybacks. The tax is expected to alter the way companies...