Lib Dems call for Biden-style tax on share buybacks at spring conference

The video discusses the rise of share buyback programs among major firms, highlighting their impact on the economy and potential for alternative investments, such as the green transition. It presents perspectives from political and business leaders, including President Joe Biden's policy in the US. The Liberal Democrats propose a 4% tax on share buybacks to encourage real investment and support public services, aiming to generate £2 billion annually. The video concludes with a call for bold action to boost green investment and counter economic stagnation.

What is the annual value of share buyback programs by the top 100 firms on the Stock Exchange?

• £10 billion

• £25 billion

• £50 billion

• £100 billion

Which political figure across the Atlantic shares the view that share buybacks are not the best approach?

• Prime Minister of Canada

• President of France

• Chancellor of Germany

• President Joe Biden

What levy did President Joe Biden initially implement on share buybacks in the US?

• 1%

• 0.5%

• 4%

• 2%

What is the proposed tax rate on share buybacks by the Liberal Democrats?

• 4%

• 3%

• 2%

• 1%

How much revenue is expected to be generated annually from the proposed 4% tax on share buybacks?

• £1 billion

• £500 million

• £5 billion

• £2 billion