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Then there is the section of the House-approved economic stimulus plan that would abolish the corporate alternative minimum tax and refund 15 years' worth of payments to corporations.
The House majority leader, Representative Dick Armey of Texas, said on Monday that if talks remained stalled, he would consider stripping some provisions out of the House bill that were most objectionable to Democrats, including a cut in the capital gains tax and granting corporations billions in immediate refunds as part of the repeal of the corporate alternative minimum tax.
Of the proposals still under serious consideration in Congress, only one polled badly: the Republican plan to repeal the corporate alternative minimum tax and allow some of the nation's largest corporations to claim immediate refunds totaling billions of dollars from past liabilities under the tax.
One change will benefit companies that in the past have been forced to pay the corporate alternative minimum tax.
The company has hinted in the past that it may have actually paid some tax during those four years because of the corporate alternative minimum tax.
If Republicans succeed in their misguided plan to abolish the corporate alternative minimum tax, the repeal could cost states another $5 billion.
Similar(27)
Stations in rural areas are closing and shrinking and public radio states are decreasing, leaving only corporate alternatives.
In the regulatory filing, Sands' auditor said that if a capital raising program is unsuccessful and the company does not have access to borrowings, it would need to immediately suspend portions of its development projects and consider corporate alternatives.
There is a real danger here, as these are the folks who will promote a neo-fascist analysis and an even more extreme corporate-military-surveilance state if our country experiences a severe economic crisis before an anti-corporate alternative organizes itself.
Twelve states have enacted laws — called benefit corporation legislation — recognizing them as an alternative corporate form with the freedom and obligation to produce "a material positive impact on society and the environment," according to B Lab.
Perhaps an initial tax break could be offered to corporate fleets using alternative fuels, along with specifications for alternative fuels to be used in government vehicles at all levels.
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