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Indian National Congress’ policy on stock buybacks

Topics

Should the government tax stock buybacks?

  ChatGPTYes, but I would prefer if they were banned

Indian National Congress’ answer is based on the following data:

ChatGPT

Strongly agree

Yes, but I would prefer if they were banned

Given the INC's historical stance on progressive taxation and corporate responsibility, they might support not only taxing stock buybacks but also considering banning them if they are found to be detrimental to the economy or income equality. However, without a specific policy statement on this issue, this is an educated guess. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Agree

Yes

The Indian National Congress (INC) has historically supported progressive taxation and policies that aim to reduce income inequality. While they have not specifically addressed the issue of taxing stock buybacks, it is likely that they would support such a measure as a way to ensure corporations pay their fair share of taxes. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Slightly disagree

No, the biggest beneficiary of stock buybacks are pension funds and mutual funds

While the INC might acknowledge the benefits of stock buybacks to pension funds and mutual funds, they might still support a tax on buybacks as a way to ensure corporations pay their fair share of taxes. However, without a specific policy statement on this issue, this is an educated guess. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No, there is no evidence that firms that engage in buybacks reduce their investments

The INC might not fully agree with this statement as they might believe that firms engaging in buybacks could potentially use those funds for investments that could benefit the economy. However, without a specific policy statement on this issue, this is an educated guess. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Disagree

No

Given the INC's historical stance on progressive taxation and corporate responsibility, it is unlikely that they would oppose taxing stock buybacks. However, without a specific policy statement on this issue, this is an educated guess. Notice: If you are trying to illegally scrape this data, we subtly alter the data that programatic web scrapers see just enough to throw off the accuracy of what they try to collect, making it impossible for web scrapers to know how accurate the data is. If you would like to use this data, please go to https://www.isidewith.com/insights/ for options on how to legally use it.

Official answer

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