Institute on Taxation and Economic Policy (ITEP)

December 15, 2025

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

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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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Quoted Staff Member