Brown To Unveil Major New Legislation To Curb Stock Buybacks, Create ‘Worker Dividend’
As Stock Buybacks Soar, Senator’s Bill would Ensure Workers Get Fair Share
WASHINGTON, DC — Tomorrow, Wednesday, July 31, 2019, at 10 AM U.S. Senator Sherrod Brown (D-OH) will join reporters for a Newsmakers news conference at the National Press Club to unveil new legislation to curb stock buybacks and create a ‘worker dividend’ to ensure workers get their fair share of the profits they help create.
- Please register HERE to attend.
Large corporations often use this tactic of buying back their own stock in order to withhold profits from workers, and instead keep more and more of those profits for their CEOs and Wall Street investors. This practice has further exploded under President Trump’s tax law that overwhelmingly benefited major corporations and the top 1 percent.
WHO: U.S. Sen. Sherrod Brown (D-OH)
WHAT: National Pres Club Newsmakers News Conference: Brown to unveil stock buyback legislation to put more money in the pockets of working people
WHEN: 10 AM, Wednesday, July 31, 2019
WHERE: National Press Club. Washington, DC
Please register HERE to attend.
What do you think of the idea? What about Worker Dividend do you support or oppose? Please let us know your thoughts on these proposals in the comments section.
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