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Senators and House Members Warn Treasury Against Delivering Retroactive Tax Break to Billionaire Corporations

Summary by ITEP
Billionaire corporations have engaged in a lobbying blitz with the Treasury to obtain a retroactive R&E carveout from the Corporate Alternative Minimum Tax. Lawmakers are urging the Treasury not to further rig the tax code in favor of billionaire corporations.

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Senators and House Members Warn Treasury Against Delivering Retroactive Tax Break to Billionaire Corporations

Billionaire corporations have engaged in a lobbying blitz with the Treasury to obtain a retroactive R&E carveout from the Corporate Alternative Minimum Tax. Lawmakers are urging the Treasury not to further rig the tax code in favor of billionaire corporations.

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  • 100% of the sources lean Left
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ITEP broke the news in on Monday, December 15, 2025.
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