Introduced in the SenateSenate Bill

Ending Corporate Greed Act

Summary · Congressional Research Service (nonpartisan)

This bill imposes a tax through 2026 on certain corporations (corporations other than regulated investment companies, real estate investment trusts, or S corporations) that have average annual gross receipts for a three-year period of at least $500 million. The tax is 95% of what are deemed excess profits for a taxable year.

Introduced Jul 9, 2024GovTrack

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