Marco Rubio pushes proposal to discourage stock buybacks

6:40 AM ET Tue, 12 Feb 2019

Sen. Marco Rubio (R - Fla.) is pushing a plan that would raise taxes on capital gains as a way to discourage companies from pursuing share repurchases. The goal is to reduce the difference between what investors pay on capital gains compared to dividends, which are taxed at individual income rates. CNBC's Ylan Mui reports from Washington.