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flag The Trump administration boosted tax breaks for the wealthy and corporations by raising the CAMT safe harbor threshold to $800 million without public explanation.

flag The Trump administration is expanding tax breaks for wealthy individuals and large corporations by weakening the corporate alternative minimum tax (CAMT), raising the safe harbor threshold from $500 million to $800 million without public justification. flag These changes, made through IRS guidance rather than legislation, benefit private equity firms, crypto companies, foreign real estate investors, and multinational corporations, undermining a 2022 law meant to ensure profitable firms pay at least 15% in taxes. flag Critics, including Democratic lawmakers and tax experts, say the moves could cost the government hundreds of billions in revenue, exceed legal authority, and prioritize corporate interests over social safety net programs.

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