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How Democrats Could Tax Companies More—Without Undoing Trump's Tax Cuts.

Authors :
Davison, Laura
Source :
Bloomberg.com; 10/22/2021, pN.PAG-N.PAG, 1p
Publication Year :
2021

Abstract

(Bloomberg) -- President Joe Biden's acknowledgement that he doesn't have sufficient Senate Democratic backing for his proposed increase in the U.S. corporate tax rate gives fresh impetus to efforts by negotiators to find alternative revenue sources for a sweeping social-spending bill. Stock Buyback Tax Democrats are also thinking about implementing a stock buyback tax, a new levy that would equalize the tax treatment for companies when the buy back their own shares and when they issue dividends to stockholders. How Democrats Could Tax Companies More - Without Undoing Trump's Tax Cuts. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
153179125