US Companies are Returning Cash to Shareholders at a Record Pace — and That's Fueling Everyone's Biggest Fear About Tax Reform
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- Following the successful passage of the GOP tax law, many parties across Wall Street were nervous about how US companies would use excess cash.
- Data from S&P Dow Jones Indices suggests their biggest fears are coming true, although they argue it may not be as big of a deal as previously thought.
When the GOP tax law was passed, Wall Street was very vocal about what US corporations should do with the mountain of proceeds coming their way...