Are buybacks bad for business? Should firms buy dividends instead, or just not make payouts?In this episode of All Else Equal: Making Better Decisions, hosts and finance professorsJonathan Berk and Jules van Binsbergen debunk myths about buybacks. They explain what abuyback, or share repurchase, is and why companies choose to use them, as well as theimplications of the Inflation Reduction Act’s proposal to assess a 1% tax on buybacks.All Else Equal: Making Better Decisions is a podcast produced by Stanford Graduate School ofBusiness. It is hosted by Jonathan Berk, The A.P. Giannini Professor of Finance at StanfordGSB, and Jules van Binsbergen, The Nippon Life Professor in Finance, Professor of Finance, atThe Wharton School. Each episode provides insight into how to make better decisions. Show Notes:You can also listen to our podcast on YouTube. Join the conversation and follow us on LinkedIn. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.