Reed, Blumenthal, Doggett Renew Push to End Special Tax Exemptions for Huge Executive Bonuses
July 25, 2019
July 25, 2019
WASHINGTON, July 25 -- Sen. Jack Reed, D-Rhode Island, issued the following news release:
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- Bill would close a major loophole in current corporate tax law by preventing unlimited tax write-offs for jumbo bonuses
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Today, U.S. Senators Jack Reed (D-RI) and Richard Blumenthal (D-CT), along with U.S. Representative Lloyd Doggett (D-TX), are reintroducing the Stop Subsidizing Multimillion Dollar Corporate Bonuses Act. This legislation wou . . .
* * *
- Bill would close a major loophole in current corporate tax law by preventing unlimited tax write-offs for jumbo bonuses
* * *
Today, U.S. Senators Jack Reed (D-RI) and Richard Blumenthal (D-CT), along with U.S. Representative Lloyd Doggett (D-TX), are reintroducing the Stop Subsidizing Multimillion Dollar Corporate Bonuses Act. This legislation wou . . .