Legislative language released this week contains ICBA-opposed tax increases that community bankers can speak out against.
Grassroots continues against reconciliation tax hikes
September 16, 2021 / By ICBA
Legislative language released this week contains ICBA-opposed tax increases that community bankers can speak out against.
Legislative language released this week contains ICBA-opposed tax increases that community bankers can speak out against.
Background: Budget-reconciliation legislative text includes ICBA-opposed proposals to raise rates on pass-through shareholders and C corporations, cap the Section 199A deduction, increase the capital gains tax, and impose capital gains at death.
Grassroots: ICBA’s Be Heard grassroots action center allows community banks to send customizable messages to their lawmakers opposing these proposed tax hikes.
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