Levin-Brown Bill Would End Corporate Stock Option Tax Break, Reduce Deficit by $25 Billion - Committee on Homeland Security & Governmental Affairs

1.0Committee on Homeland Security & Governmental Affairshttps://www.hsgac.senate.govTim O'Connor Fraserhttps://www.hsgac.senate.gov/author/tofraser/Levin-Brown Bill Would End Corporate Stock Option Tax Break, Reduce Deficit by $25 Billion - Committee on Homeland Security & Governmental Affairsrich600338<blockquote class="wp-embedded-content" data-secret="jMcMQVTq8n"><a href="https://www.hsgac.senate.gov/subcommittees/investigations/rep/levin-brown-bill-would-end-corporate-stock-option-tax-break-reduce-deficit-by-25-billion/">Levin-Brown Bill Would End Corporate Stock Option Tax Break, Reduce Deficit by $25 Billion</a></blockquote><iframe sandbox="allow-scripts" security="restricted" src="https://www.hsgac.senate.gov/subcommittees/investigations/rep/levin-brown-bill-would-end-corporate-stock-option-tax-break-reduce-deficit-by-25-billion/embed/#?secret=jMcMQVTq8n" width="600" height="338" title="“Levin-Brown Bill Would End Corporate Stock Option Tax Break, Reduce Deficit by $25 Billion” — Committee on Homeland Security & Governmental Affairs" data-secret="jMcMQVTq8n" frameborder="0" marginwidth="0" marginheight="0" scrolling="no" class="wp-embedded-content"></iframe><script> /*! This file is auto-generated */ !function(d,l){"use strict";l.querySelector&&d.addEventListener&&"undefined"!=typeof URL&&(d.wp=d.wp||{},d.wp.receiveEmbedMessage||(d.wp.receiveEmbedMessage=function(e){var t=e.data;if((t||t.secret||t.message||t.value)&&!/[^a-zA-Z0-9]/.test(t.secret)){for(var s,r,n,a=l.querySelectorAll('iframe[data-secret="'+t.secret+'"]'),o=l.querySelectorAll('blockquote[data-secret="'+t.secret+'"]'),c=new RegExp("^https?:$","i"),i=0;i<o.length;i++)o[i].style.display="none";for(i=0;i<a.length;i++)s=a[i],e.source===s.contentWindow&&(s.removeAttribute("style"),"height"===t.message?(1e3<(r=parseInt(t.value,10))?r=1e3:~~r<200&&(r=200),s.height=r):"link"===t.message&&(r=new URL(s.getAttribute("src")),n=new URL(t.value),c.test(n.protocol))&&n.host===r.host&&l.activeElement===s&&(d.top.location.href=t.value))}},d.addEventListener("message",d.wp.receiveEmbedMessage,!1),l.addEventListener("DOMContentLoaded",function(){for(var e,t,s=l.querySelectorAll("iframe.wp-embedded-content"),r=0;r<s.length;r++)(t=(e=s[r]).getAttribute("data-secret"))||(t=Math.random().toString(36).substring(2,12),e.src+="#?secret="+t,e.setAttribute("data-secret",t)),e.contentWindow.postMessage({message:"ready",secret:t},"*")},!1)))}(window,document); </script> WASHINGTON –Sen. Carl Levin, D-Mich., and Sen. Sherrod Brown, D-Ohio, introduced legislation on Thursday to end a corporate tax break allowing corporations to deduct stock option expenses on their tax returns in amounts greater than the expenses shown on their books, thereby making the tax code more fair and cutting the budget deficit by $25 […]https://www.hsgac.senate.gov/wp-content/uploads/HSGAC_Logo_Social.jpg1200630