1. United States
2. Calif.
3. Letter

Pass the Stock Buyback Accountability Act. The 2017 Tax Cuts and Jobs Act handed corporations a massive windfall, and instead of raising wages or investing in workers, companies used it to flood billions into stock buybacks that enriched shareholders and executives. That's not a trickle-down economy, that's a transfer of wealth to the top. The Stock Buyback Accountability Act is a direct corrective to that giveaway. It puts guardrails on how corporations can use buybacks and ensures that tax breaks meant to grow the economy actually do that. Workers and working families have waited long enough. Vote yes on this bill.