Wyden-Schumer-Bennet Bill Would Increase Tax on Stock Buybacks for Oil and Gas Companies
May 21, 2026
May 21, 2026
WASHINGTON, May 21 -- Sen. Ron Wyden, D-Oregon, ranking member of the Senate Finance Committee, issued the following news release on May 20, 2026:
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Wyden-Schumer-Bennet Bill Would Increase Tax on Stock Buybacks for Oil and Gas Companies
Proposal Would Increase Tax on Buybacks from 1 percent to 25 percent as Major Oil and Gas Companies Profit off Trump's War in Iran
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Senate Finance Committee Ranking Member Ron Wyden (D-Or . . .
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Wyden-Schumer-Bennet Bill Would Increase Tax on Stock Buybacks for Oil and Gas Companies
Proposal Would Increase Tax on Buybacks from 1 percent to 25 percent as Major Oil and Gas Companies Profit off Trump's War in Iran
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Senate Finance Committee Ranking Member Ron Wyden (D-Or . . .