1. Senate Democrats Eye Taxes on Stock Buybacks, Excess CEO Pay

    Senate Democrats Eye Taxes on Stock Buybacks, Excess CEO Pay

    Senate Democrats are discussing a wider range of tax proposals than President Joe Biden has proposed, including levies on stock buybacks, carbon emissions and executive compensation, as part of a package of measures to help fund a ramping up in social spending. One idea is applying an excise tax on stock buybacks or treating them as taxable dividends to shareholders, according to two people familiar with Senate Finance Committee discussions...

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