I'm Just a Bill: Corporate Minimum Tax + Stock Buyback Excise
π I’m Just a Bill β Corporate Minimum Tax + Stock Buyback Excise
A Liana Banyan “I’m Just a Bill” Bounty Poster
What is this bill?
Corporate tax reform in the 119th Congress addressing the IRA-established corporate minimum tax (15% on financial-statement income) and the IRA-established stock buyback excise (1%). Current proposals expand or modify both.
What does it actually do?
- Corporate minimum tax β adjustments to the 15% minimum-tax base and exclusions
- Stock buyback excise β increases from 1% to higher rate; closes loopholes
- Pass-through deductions β phase-out modifications
- R&D capitalization β addresses the 2022 R&D-capitalization-amortization shift that’s affected startup economics
Who votes when?
- House Ways & Means + Senate Finance active consideration
How does this affect cooperative-class families?
The cooperative’s Cost+20% margin structure is structurally distinct from buyback-financed extraction. The cooperative does not have stock to buy back. Federal corporate-tax policy affects the broader economic environment in which cooperative-class members operate.
Shirley Temple Truth Score
π‘ Provisional.
Help Each Other Help Ourselves.