- United States
- Mo.
- Letter
The Corporate Alternative Minimum Tax (CAMT) was enacted to ensure that the most profitable large corporations pay a minimum 15% federal tax on their reported earnings. It was designed to raise more than $200 billion in revenue over the next decade and restore fairness to our tax system.
Recent actions by the Treasury Department and IRS have undermined that goal. Regulatory changes have raised income thresholds, expanded exemptions, and weakened enforcement *without congressional approval*. These changes create new loopholes that allow billion-dollar corporations, private equity firms, and foreign investors to escape their tax obligations.
🫵 YOU must exercise oversight and hold the Treasury and IRS accountable to the law as written. The American people expect our elected representatives to protect the integrity of this reform and ensure that no administration can rewrite the tax code in secret.
Investigate these actions, hold public hearings, and demand full enforcement of the Corporate Alternative Minimum Tax!