Following the 2017 Tax Cuts and Jobs Act (TCJA) there was a wave of stock repurchases from large, publicly traded U.S. corporations. It stirred up some controversy among national media and politicians because so many of the shareholders who were receiving cash in exchange for their shares were investors from outside of the U.S.The central question was whether or not corporate share repurchases should continue to receive favorable tax treatment.

1. In your opinion, should the U.S. continue to subsidize through favorable tax treatment share repurchases by corporations?
2. Does the benefit of having investor capital from outside our borders outweigh the potential downside of retaining the current tax structure?