Buyback blowback: Why politicians on the right and left are targeting stock repurchases

When President Donald Trump signed the GOP tax cut in December 2017, he said it would create “jobs, jobs, jobs.” The $1.5 trillion plan took effect the next month, lowering the corporate tax rate from 35 percent to 21 percent.  The sweeping tax reform measures were supposed to spur corporations to reinvest those savings...