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Economics professor says tax cuts won’t create jobs,

By Katharine Webster (originally published by UMass Lowell News) - Economics Prof. William Lazonick has been sounding the alarm about corporate stock buybacks for years. Since the early 1980s, when the Securities and Exchange Commission eased regulations on buybacks, corporations have increasingly used profits to repurchase their own shares, his research shows…

[Cross-posted from UMass Lowell News publication of November 22, 2017
at https://www.uml.edu/News/stories/2017/LazonickTaxCuts.aspx]

UMass Lowell News article reprinted in Your Tewksbury Today publication December 17, 2017 at http://www.yourtewksburytoday.com/2017/12/17/162942/tax-reform-bill-is-no-balm-for-the-middle-class

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