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How the Inflation Reduction Act May Transform the Corporate Income Tax
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How the Inflation Reduction Act May Transform the Corporate Income Tax
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How the Inflation Reduction Act May Transform the Corporate Income Tax In a desperate effort to make the numbers in the Inflation Reduction Act work, Senate negotiators threw in a 1% tax on share buybacks by corporations at the last minute. Although the $74 billion projected to be raised by this tax is only a bit more than 0.1% of projected revenue over the next decade... https://www.counterpunch.org/2022/11/10/how-the-inflation-reduction-act-may-transform-the-corporate-income-tax/ By @NatCounterPunch@twitter.com Read more at: https://UncensoredNews.US/inflation-reduction-act #articles-2015 #congress #government
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