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, More
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Dean Baker | radiofree.asia (2024-05-21T21:23:23+00:00) » How the Inflation Reduction Act May Transform the Corporate Income Tax. Retrieved from https://radiofree.asia/2022/11/10/how-the-inflation-reduction-act-may-transform-the-corporate-income-tax/.
MLA" » How the Inflation Reduction Act May Transform the Corporate Income Tax." Dean Baker | radiofree.asia - Thursday November 10, 2022, https://radiofree.asia/2022/11/10/how-the-inflation-reduction-act-may-transform-the-corporate-income-tax/
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