Congressman Kustoff Reintroduces Legislation to Protect Retirement Accounts of Americans
January 27, 2023
January 27, 2023
WASHINGTON, Jan. 27 -- Rep. David Kustoff, R-Tennessee, issued the following news release:
Congressman David Kustoff (TN-08) reintroduced the Protecting American Savers and Retirees Act in the House of Representatives. This bill will repeal Democrats' unprecedented excise tax on stock buybacks authorized in their partisan, Inflation Reduction Act.
Specifically, the Protecting American Savers and Retirees Act will repeal the one percent excise tax on stock buybacks . . .
Congressman David Kustoff (TN-08) reintroduced the Protecting American Savers and Retirees Act in the House of Representatives. This bill will repeal Democrats' unprecedented excise tax on stock buybacks authorized in their partisan, Inflation Reduction Act.
Specifically, the Protecting American Savers and Retirees Act will repeal the one percent excise tax on stock buybacks . . .