Rubio: GOP tax bill ‘probably went too far’ to help corporations
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Sen. Marco Rubio (R-Fla.) said in an interview published Friday that Republicans “probably went too far” cutting corporate taxes in their just-enacted overhaul of the tax code.
Rubio said he expects corporations to pay out higher dividends to shareholders and buy back shares to increase their stock price with proceeds from the bill.
“You’re going to see a lot of these multinationals buy back shares to drive up the price,” Rubio told the southwest Florida-based News-Press.
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