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Steil said the pilot program enhancement, plus the opportunity for more funding in the upcoming conference negotiations on the fiscal 2026 Legislative Branch appropriations bill, should be enough to resolve
The minimum tax is aimed at preventing the largest corporations, those earning at least $1 billion, from paying very low effective tax rates.
But that limit comes off in 2026, and an all-Democratic Congress might seek immediate repeal. And charities, already chafing under the 2017 law’s higher standard deduction, would cry foul.