Congress is considering extending—at a cost of up to $600 billion—three expiring corporate tax cuts from 2017’s Trump-GOP tax scam.
Don't tell us we can't afford an expanded Child Tax Credit. #CTCNow
🐦🔗: https://twitter.com/4TaxFairness/status/1600581518035927055
@rbreich To email your MOCs, feel free to use my words:
Do NOT extend these 3 overly generous tax credits to corporations & private equity firms:
* Research and Experimentation Tax Credit of 2022
*Net Interest Tax Deduction (beyond 2022)
*100% Bonus Depreciation (beyond 2023)
These Trump tax giveaways will remove ~ $1.6 TRILLION over just the 1st decade, WIPING OUT the 15% Corporate Alt Min Tax in the Inflation Red. Act.
Please OPPOSE corporate tax breaks in any lame-duck spending package.
Robert Reich
@batyalee 🌿