What's in a name? | Tariffs hit autos, naming the Inflation Reduction Act, AI hurdles
Wall Street Week
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Financial Implications of the Inflation Reduction Act and Stock Buybacks
This chapter delves into the financial effects of the Inflation Reduction Act, focusing on stock buybacks and their implications for federal revenue. It critiques the effectiveness of the excise tax on buybacks and questions the sustainability of management practices that prioritize short-term gains over long-term shareholder value.
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