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S&P 500 companies will still increase buybacks next year despite new taxes, Goldman analysts say

S&P 500 companies will still increase buybacks next year despite new taxes, Goldman analysts say

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Lawmakers in Washington appear set to impose a new excise tax on stock buybacks to fund President Biden’s social spending program, but investors shouldn’t expect it to weigh too much on share repurchases, according to an analysis by Goldman Sachs.

...read full article on Market Watch

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