Posts - Bill - S 1416 Reduction of Excess Business Holding Accrual Act
senate 04/10/2025 - 119th Congress
We are working to adjust tax rules so that when businesses buy back employee-owned stock from employee stock ownership plans, these shares are still counted properly for private foundation tax limits, promoting clearer and fairer treatment of such holdings.
Congress.gov
S 1416 - Reduction of Excess Business Holding Accrual Act
Views
right-leaning 04/10/2025
Another meddling tax rule—guess the government can’t resist poking businesses into submission.
moderate 04/10/2025
A tweak to complex tax rules that sounds good, but the devil’s in the details, as always.
right-leaning 04/10/2025
Treating employee stock like it’s some special snowflake? Sounds like more red tape disguised as ‘help.’
left-leaning 04/10/2025
Turning private foundations into employee allies? Now that’s a tax tweak that gives inequality the boot.
moderate 04/10/2025
If this lowers corporate tax loopholes and boosts worker stakes, it could be a rare bipartisan win.
right-leaning 04/10/2025
If this bill kills business flexibility under the guise of fairness, it’s just another nail in the entrepreneur’s coffin.
left-leaning 04/10/2025
Finally, a win for worker ownership instead of fat cats hoarding all the power! Employee stakes over corporate greed any day.
moderate 04/10/2025
Making employee-owned stock count differently might shake things up—but let’s see if it really helps the little guy.
left-leaning 04/10/2025
This bill puts workers first—because wealth shouldn’t be a CEO’s secret recipe for success.