Princeton economist warns Biden’s tax on stock buybacks will hurt your 401(k)

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Princeton economist warns Biden’s tax on stock buybacks will hurt your 401(k)
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Economist Burton Malkiel explains how corporate stock buybacks are 'exactly' the kind of thing you want from a capitalist system, and says Biden's proposals are 'just wrong.'

House Budget Committee member Rep. Buddy Carter, R-Ga., discusses his Fair Tax Act and responds to Biden claiming Republicans want to end Social Security and Medicare on 'The Big Money Show.'

Malkiel, who also authored "A Random Walk Down Wall Street" nearly 50 years ago, expressed he still firmly believes investors are "better off" looking at the long-term by buying and holding a broad-based index – even in"Frankly, even better than the S&P 500, I would do a total stock market fund. I want you to also have the small entrepreneurial companies that are doing a lot of the growth in the country.

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