- Not enactedThe President has not signed this bill
- The house has not voted
- The senate has not voted
Committee on FinanceIntroducedSeptember 19th, 2019
- senate Committees
While stock buybacks benefit companies’ valuations, shareholders, and executives, they don’t necessarily benefit the employees who create value for the companies which is fundamentally unfair. Companies should pay employees a worker dividend to ensure that workers share in their employers’ profits.
Stock buybacks are a healthy part of financial markets that benefit investors, including the more than 50% of Americans who directly or indirectly own stock. That money can then be reinvested or used to start businesses or purchase goods and services — all of which boost the economy.