Corporate Tax Cuts

by Laura Ehrenberg-Chesler on March 13, 2019

in corporate buybacks,taxes

  • From CNBC this morning:
  • “A Goldman Sachs analysis out last week suggests there are misconceptions around the impact of President Donald Trump’s tax cuts.
  • Many on Wall Street and Capitol Hill have said the tax cuts are being spent on corporate stock buybacks and not capital expenditures.
  • Stock buybacks have been under attack on Capitol Hill, with some arguing companies should provide better benefits before repurchasing shares.
  • But a Goldman Sachs report found that US companies have sharply increased their cash outlays in growth investments after the tax reform.”

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