I'm Just a Bill: Corporate Minimum Tax + Stock Buyback Excise
👀 I’m Just a Bill: 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: adjustments to the 15% minimum-tax base and exclusions Stock buyback excise: increases from 1% to higher rate; closes loopholes Pass-through deductions: phase-out modifications R&D capitalization: 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. ...