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Tax on Wall Street Speculation Act
Legislative Progress
Momentum (last 30 days)
0
score
0 actions · 0 new cosponsors · 0 votes
Speed vs cohort
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0d open
vs 5,357 other S bills in the 117th — cohort avg 38d
Tax on Wall Street Speculation Act This bill imposes an excise tax on the transfer of ownership in certain securities (covered transaction), including any share of stock in a corporation; any partnership or beneficial interest in a partnership or trust; any note, bond, debenture, or other evidence of indebtedness (excluding tax-exempt municipal bonds); and derivative financial instruments. The bill includes exceptions for initial issues, certain traded short-term indebtedness, and securities lending arrangements. The bill also (1) imposes a penalty on taxpayers who fail to include a covered transaction on their tax return or information statement, and (2) allows an individual taxpayer whose modified adjusted gross income does not exceed $50,000 ($75,000 for married taxpayers filing joint returns) a tax credit for the amount of tax paid on covered transactions.
These links require the bill number to appear in the filing's source-reported specific issue text. Client expenses and lobbying-firm income are separate disclosure fields.
Filing registrants (9)
Read twice and referred to the Committee on Finance.
Introduced in Senate
Bills with similar content found using semantic analysis.
Sources: Congress.gov
2022 · fourth_quarter · Taxation/Internal Revenue Code
Issues relating to tax treatment of futures, securities, and commodities; Wall Street Tax Act of 2021 (HR 328/S 817), all provisions; Tax on Wall Street Speculation Act (HR 2735/S 1283), all provisions; Modernization of Derivatives Tax Act of 2021 (S 2621), all provisions; Issues relating to amending sec. 1091 of the tax code (or 26 USC 1091) related to wash sales.
Client expense: $320,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Financial Institutions/Investments/Securities
Transparency and accuracy of proxy advisors; Venture Exchange, H.R. 2899 - Main Street Growth Act, S. 2306 - Main Street Growth Act; Legislation on 10-Q optionality, H.R. 3454 - Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - H.R. 3816 - American Choice and Innovation Online Act, H.R. 3826 - Platform Competition and Opportunity Act, H.R. 3825 - Ending Platform Monopolies Act, H.R. 3849 - Augmenting Compatibility and Competition by Enabling Service Switching Act, H.R. 3843 - Merger Filing Fee Modernization Act, H.R. 3460, the State Antitrust Enforcement Venue Act; Federal financial transaction tax, H.R. 1584 - Protecting Retirement Savers and Everyday Investors Act, S. 1283 - Tax on Wall Street Speculation Act; Mark-to-market - S.2621 Modernization of Derivatives Tax Act of 2021; Tracking legislation that would impact special purpose acquisition companies (SPACs) - S. 1504 - Sponsor Promote and Compensation Act, H.R.5910 - Holding SPACs Accountable Act; Support diplomatic efforts by the PCAOB / SEC to ensure PCAOB review of foreign auditing firms; H1B visa/immigration reform; Digital asset regulatory reform, S. 4760 - The Digital Commodities Consumer Protection Act; Equity market structure and SECs pending action on market structure (H.R. 4617), Regulation NMS, market data - H.R. ____ - Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 1, H.R. ____ - Securities Exchange Reform Act of 2022, H.R. 5795 - Main Street Growth Act, H.R. ____ - Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 2, H.R. ____ - Amend the Securities Exchange Act of 1934 to improve the governance of multi-class stock companies, H.R. ____ - Free-market Accountability through Investor Rights Act of 2022, H.R. ____ - Require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members, H.R. 4865 - Registration for Index-Linked Annuities Act; Limitations on SEC regulation of non-exchange activities, Exchange Regulatory Improvement Act of 2017; ESG and public company regulations, H.R. 1187 - Corporate Governance Improvement and Investor Protection Act. SEC climate disclosure rule.
Client expense: $430,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2022 · fourth_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax. CHN supports the Rent Relief Act, H.E. 8357 thta would bridge the gap between income and housing costs by creating a refundable tax cfedit for cost-burdened renters.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · fourth_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax. CHN supports the Rent Relief Act, H.E. 8357 thta would bridge the gap between income and housing costs by creating a refundable tax cfedit for cost-burdened renters.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax. CHN supports the Rent Relief Act, H.E. 8357 thta would bridge the gap between income and housing costs by creating a refundable tax cfedit for cost-burdened renters.
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Taxation/Internal Revenue Code
1. Issues relating to tax treatment of futures, securities, and commodities 2. Wall Street Tax Act of 2021 (HR 328/S 817) a. All provisions 3. Tax on Wall Street Speculation Act (HR 2735/S 1283) a. All provisions 4. Modernization of Derivatives Tax Act of 2021 (S 2621) a. All provisions
Client expense: $350,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · third_quarter · Financial Institutions/Investments/Securities
Transparency and accuracy of proxy advisors; Venture Exchange, H.R. 2899 - Main Street Growth Act, S. 2306 - Main Street Growth Act; Legislation on 10-Q optionality, H.R. 3454 - Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - H.R. 3816 - American Choice and Innovation Online Act, H.R. 3826 - Platform Competition and Opportunity Act, H.R. 3825 - Ending Platform Monopolies Act, H.R. 3849 - Augmenting Compatibility and Competition by Enabling Service Switching Act, H.R. 3843 - Merger Filing Fee Modernization Act, H.R. 3460, the State Antitrust Enforcement Venue Act; Federal financial transaction tax, H.R. 1584 - Protecting Retirement Savers and Everyday Investors Act, S. 1283 - Tax on Wall Street Speculation Act; Mark-to-market - S.2621 Modernization of Derivatives Tax Act of 2021; Tracking legislation that would impact special purpose acquisition companies (SPACs) - S. 1504 - Sponsor Promote and Compensation Act, H.R.5910 - Holding SPACs Accountable Act; Support diplomatic efforts by the PCAOB / SEC to ensure PCAOB review of foreign auditing firms; H1B visa/immigration reform; Digital asset regulatory reform; Equity market structure (H.R. 4617), Regulation NMS, market data - H.R. ____ - Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 1, H.R. ____ - Securities Exchange Reform Act of 2022, H.R. 5795 - Main Street Growth Act, H.R. ____ - Amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 2, H.R. ____ - Amend the Securities Exchange Act of 1934 to improve the governance of multi-class stock companies, H.R. ____ - Free-market Accountability through Investor Rights Act of 2022, H.R. ____ - Require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members, H.R. 4865 - Registration for Index-Linked Annuities Act; Limitations on SEC regulation of non-exchange activities, Exchange Regulatory Improvement Act of 2017; ESG and public company regulations, H.R. 1187 - Corporate Governance Improvement and Investor Protection Act. SEC climate disclosure rule.
2022 · second_quarter · Taxation/Internal Revenue Code
1. Issues relating to tax treatment on futures and securities 2. Wall Street Tax Act of 2021 (HR 328/S 817) a. All provisions 3. Tax on Wall Street Speculation Act (HR 2735/S 1283) a. All provisions 4. Modernization of Derivatives Tax Act of 2021 (S 2621) a. All provisions
Client expense: $440,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · second_quarter · Financial Institutions/Investments/Securities
Transparency and accuracy of proxy advisors; Venture Exchange, H.R. 2899 - Main Street Growth Act, S. 2306 - Main Street Growth Act; Legislation on 10-Q optionality, H.R. 3454 - Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - H.R. 3816 - American Choice and Innovation Online Act, H.R. 3826 - Platform Competition and Opportunity Act, H.R. 3825 - Ending Platform Monopolies Act, H.R. 3849 - Augmenting Compatibility and Competition by Enabling Service Switching Act, H.R. 3843 - Merger Filing Fee Modernization Act, H.R. 3460, the State Antitrust Enforcement Venue Act; Federal financial transaction tax, H.R. 1584 - Protecting Retirement Savers and Everyday Investors Act, S. 1283 - Tax on Wall Street Speculation Act; Mark-to-market - S.2621 Modernization of Derivatives Tax Act of 2021; H.R. 4617 - To require the Securities and Exchange Commission to carry out a study on payment for order flow, to require the Investor Advocate of the Commission to provide recommendations on payment for order flow, and for other purposes; Tracking legislation that would impact special purpose acquisition companies (SPACs) - S. 1504 - Sponsor Promote and Compensation Act, H.R.5910 - Holding SPACs Accountable Act; Support diplomatic efforts by the PCAOB / SEC to ensure PCAOB review of foreign auditing firms; H1B visa/immigration reform; Equity market structure, Regulation NMS, market data; The regulatory role of exchanges and the legal protections necessary to function as a regulator of market activities - H.R. ____ - To amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 1, H.R. ____ - Securities Exchange Reform Act of 2022, H.R. 5795 - Main Street Growth Act, H.R. ____ - To amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 2, H.R. ____ - To amend the Securities Exchange Act of 1934 to improve the governance of multi-class stock companies, H.R. ____ - Free-market Accountability through Investor Rights Act of 2022, H.R. ____ - To require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members, H.R. 4865 - Registration for Index-Linked Annuities Act; Limitations on SEC regulation of non-exchange activities, Exchange Regulatory Improvement Act of 2017; ESG and public company regulations, H.R. 1187 - Corporate Governance Improvement and Investor Protection Act. SEC climate disclosure rule.
2022 · second_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax.
2022 · first_quarter · Financial Institutions/Investments/Securities
S 714/HR 1785: No Tax Breaks for Outsourcing Act HR 1068/S 1598: Carried Interest Fairness Act HR 328/S 817: Wall Street Tax Act HR 1979/S 794: Tax Excessive CEO Pay Act HR 2735/ s 1283: Tax on Wall Street Speculation Act
Client expense: $334,005 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · first_quarter · Taxation/Internal Revenue Code
1. Issues relating to tax treatment on futures and securities 2. Wall Street Tax Act of 2021 (HR 328/S 817) a. All provisions 3. Tax on Wall Street Speculation Act (HR 2735/S 1283) a. All provisions 4. Modernization of Derivatives Tax Act of 2021 (S 2621) a. All provisions
Client expense: $320,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2022 · first_quarter · Financial Institutions/Investments/Securities
Communications with the government regarding the resiliency/market operations of varying asset class trading during the COVID-19 pandemic; Transparency of proxy advisors; Trading and listings standards needed for a U.S. Venture Exchange, H.R. 2899 - Main Street Growth Act, S. 2306 - Main Street Growth Act; Legislation on 10-Q optionality, H.R. 3454 - Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - H.R. 3816 - American Choice and Innovation Online Act, H.R. 3826 - Platform Competition and Opportunity Act, H.R. 3825 - Ending Platform Monopolies Act, H.R. 3849 - Augmenting Compatibility and Competition by Enabling Service Switching Act, H.R. 3843 - Merger Filing Fee Modernization Act, H.R. 3460, the State Antitrust Enforcement Venue Act; Support for Nasdaq Board Diversity filing with the SEC; Federal financial transaction tax, H.R. 1584 - Protecting Retirement Savers and Everyday Investors Act, S. 1283 - Tax on Wall Street Speculation Act; 2021 Reconciliation Package; Mark-to-market - S.2621 Modernization of Derivatives Tax Act of 2021; H.R. 4617 - To require the Securities and Exchange Commission to carry out a study on payment for order flow, to require the Investor Advocate of the Commission to provide recommendations on payment for order flow, and for other purposes; Tracking legislation that would impact special purpose acquisition companies (SPACs) - S. 1504 - Sponsor Promote and Compensation Act, H.R. __ - To amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to exclude certain special purpose acquisition companies from safe harbor for forward-looking statements, and for other purposes; A bill to temporarily extend the public debt limit; H.R.3684 - Infrastructure Investment and Jobs Act; Support diplomatic efforts by the PCAOB / SEC to ensure PCAOB review of foreign auditing firms; H1B visa/immigration reform; Equity, Regulation NMS, proprietary ownership and distribution of market data; The regulatory role of exchanges and the legal protections necessary to function as a regulator of market activities - H.R. ____ - To amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 1, H.R. ____ - Securities Exchange Reform Act of 2022, H.R. 5795 - Main Street Growth Act, H.R. ____ - To amend the Securities Exchange Act of 1934 to add certain requirements for the filing and approval of proposed rule changes by self-regulatory organizations approach 2, H.R. ____ - To amend the Securities Exchange Act of 1934 to improve the governance of multi-class stock companies, H.R. ____ - Free-market Accountability through Investor Rights Act of 2022, H.R. ____ - To require the SEC to engage in rulemaking to prohibit or limit the use of rebate payments by exchanges that are tiered based on the aggregate volume of transactions effected by such members, H.R. 4865 - Registration for Index-Linked Annuities Act; Limitations on SEC regulation of non-exchange activities, Exchange Regulatory Improvement Act of 2017; ESG and public company regulations, H.R. 1187 - Corporate Governance Improvement and Investor Protection Act.
2022 · first_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax.
-H.R.1785 (All) -H.R.1116 (All) -H.R.328 (All) -H.R.2735 (All) -H.R.1068 (All) -S.714 (All) -S.1283(All) -Sensible Taxation and Equity Promotion (STEP) Act (All)
Client expense: $620,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE, Transportation, Dept of (DOT)
2021 · fourth_quarter · Financial Institutions/Investments/Securities
S 714/HR 1785: No Tax Breaks for Outsourcing Act HR 1068/S 1598: Carried Interest Fairness Act HR 328/S 817: Wall Street Tax Act HR 1979/S 794: Tax Excessive CEO Pay Act HR 2735/ s 1283: Tax on Wall Street Speculation Act
Client expense: $368,568 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Federal Aviation Administration (FAA), Federal Motor Carrier Safety Administration, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Pipeline & Hazardous Materials Safety Administration, SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2021 · fourth_quarter · Taxation/Internal Revenue Code
1. Issues relating to tax treatment on futures and securities 2. Wall Street Tax Act of 2021 (HR 328/S 817) a. All provisions 3. Tax on Wall Street Speculation Act (HR 2735/S 1283) a. All provisions 4. Modernization of Derivatives Tax Act of 2021 (S 2621) a. All provisions
Client expense: $280,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2021 · fourth_quarter · Financial Institutions/Investments/Securities
Communications with the government regarding the resiliency/market operations of varying asset class trading during the COVID-19 pandemic; Transparency of proxy advisors; Trading and listings standards needed for a U.S. Venture Exchange, H.R. 2899 - Main Street Growth Act, S. 2306 - Main Street Growth Act; Legislation on 10-Q optionality, H.R. 3454 - Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - H.R. 3816 - American Choice and Innovation Online Act, H.R. 3826 - Platform Competition and Opportunity Act, H.R. 3825 - Ending Platform Monopolies Act, H.R. 3849 - Augmenting Compatibility and Competition by Enabling Service Switching Act, H.R. 3843 - Merger Filing Fee Modernization Act, H.R. 3460, the State Antitrust Enforcement Venue Act; Support for Nasdaq Board Diversity filing with the SEC; Federal financial transaction tax, H.R. 1584 - Protecting Retirement Savers and Everyday Investors Act, S. 1283 - Tax on Wall Street Speculation Act; S.2621 - Modernization of Derivatives Tax Act of 2021; 2021 Reconciliation Package; Mark-to-market - S.2621 Modernization of Derivatives Tax Act of 2021; Exchange-traded funds - S. 2617 - Ending the Carried Interest Loophole Act; H.R. 4617 - To require the Securities and Exchange Commission to carry out a study on payment for order flow, to require the Investor Advocate of the Commission to provide recommendations on payment for order flow, and for other purposes; Tracking legislation that would impact special purpose acquisition companies (SPACs) - S. 1504 - Sponsor Promote and Compensation Act, H.R. __ - To amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to exclude certain special purpose acquisition companies from safe harbor for forward-looking statements, and for other purposes; A bill to temporarily extend the public debt limit; H.R.3684 - Infrastructure Investment and Jobs Act; Support diplomatic efforts by the PCAOB / SEC to ensure PCAOB review of foreign auditing firms; H1B visa/imigration reform; Equity, Regulation NMS, proprietary ownership and distribution of market data; The regulatory role of exchanges and the legal protections necessary to function as a regulator of market activities; Limitations on SEC regulation of non-exchange activities, Exchange Regulatory Improvement Act of 2017; ESG and public company regulations, H.R. 1187 - Corporate Governance Improvement and Investor Protection Act; and Short interest disclosure.
2021 · fourth_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax.
2021 · second_quarter · Taxation/Internal Revenue Code
H.R.328 the Wall Street Tax Act of 2021; S.817 the Wall Street Tax Act of 2021; S.1283 Tax on Wall Street Speculation Act; H.R.2735 Tax on Wall Street Speculation Act; S.1005 the Modernization of Derivatives Tax Act of 2017.
Client expense: $190,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2021 · third_quarter · Financial Institutions/Investments/Securities
S 714/HR 1785: No Tax Breaks for Outsourcing Act HR 1068/S 1598: Carried Interest Fairness Act HR 328/S 817: Wall Street Tax Act HR 1979/S 794: Tax Excessive CEO Pay Act HR 2735/ s 1283: Tax on Wall Street Speculation Act
Client expense: $398,667 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Federal Aviation Administration (FAA), Federal Motor Carrier Safety Administration, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Pipeline & Hazardous Materials Safety Administration, SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2021 · third_quarter · Taxation/Internal Revenue Code
H.R. 328/S. 817, Wall Street Tax Act of 2021 H.R. 1381/S. 480, Main Street Tax Certainty Act of 2021 H.R. 1712/S. 617, Death Tax Repeal Act H.R. 1304, American Innovation and R&D Competitiveness Act of 2021 H.R. 2735/S. 1283, Tax on Wall Street Speculation Act H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3425, Saving Gig Economy Taxpayers Act H.R. 3684, Infrastructure Investment and Jobs Act S. 749, American Innovation and Jobs Act S. 948, A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold S. 1274, Remote and Mobile Worker Relief Act of 2021 S. 1298, Clean Energy for America Act S. 2621, Modernization of Derivatives Tax Act of 2021 S. 2758, Stock Buyback Accountability Act of 2021 Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs; Tax Cuts and Jobs Act (P.L. 115-97), including implementation of, and follow up such as making individual rates and pass-through rates permanent; Internal Revenue Code Section 965/tax overpayments, and changes made to section 965 by the Tax Cuts and Jobs Act; foreign tax carryforwards transition; pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; 199A tax deduction; Internal Revenue Service controlled foreign corporation (CFC) look-thru rule; pending bilateral tax treaties before the U.S. Senate; potential for additional bilateral tax treaties; potential repeal of the State and Local Tax (SALT) cap; corporate tax filing deadline; digital services taxes; global anti-base erosion proposal (GloBE) under Pillar Two; general business tax credits; Memorandum for the Secretary of the Treasury deferring payroll tax obligations in light of the ongoing COVID-19 disaster; taxation of mobile and remote workers during the coronavirus pandemic; tax free paycheck protection program loan forgiveness; Paycheck Protection Program (PPP) tax deductibility; work opportunity tax credit; implementation of the American Rescue Plan Act (P.L. 117-2) including Section 9674 relating to 1099-K form reporting; IRS priority guidance plan; continuation of the stepped-up basis; potential corporate tax rate increase; continuation of the percentage depletion tax deduction; potential U.S. - Chile income tax treaty; remote notarization; proposal to repeal section 852(b)(6) of the Internal Revenue Code; proposal to increase the capital gains rate
2021 · third_quarter · Financial Institutions/Investments/Securities
S 714/HR 1785: No Tax Breaks for Outsourcing Act HR 1068/S 1598: Carried Interest Fairness Act HR 328/S 817: Wall Street Tax Act HR 1979/S 794: Tax Excessive CEO Pay Act HR 2735/ s 1283: Tax on Wall Street Speculation Act
Client expense: $398,667 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Federal Aviation Administration (FAA), Federal Motor Carrier Safety Administration, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Pipeline & Hazardous Materials Safety Administration, SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2021 · third_quarter · Taxation/Internal Revenue Code
Biden Made in America Tax Plan HR 564- Paid Family Medical Leave HR 1785, S 714- No Tax Breaks for Outsourcing Act HR 2576, S 994- For the 99.5% Act S 510, HR 1459- Ultra-Millionaire Tax Act of 2021 HR 3805, S 2028- Millionaires Surtax Act Sensible Taxation and Equity Promotion (STEP) Act, discussion draft HR 1068- Carried Interest Fairness Act HR 1116- IRS Enhancement and Tax Gap Reduction Act HR 1200, S 1857- Stop CHEATERS Act (Stop Corporations and High Earners from Avoiding Taxes and Enforce Rules Strictly) S 1788- Restoring the IRS Act of 2021 HR 328, S 817- Wall Street Tax Act HR 2735, S 1283- Tax on Wall Street Speculation Act 28% cap on value of individual itemized deductions 20% deduction for business owners' pass thru income to individual taxes HR 2286- Deemed Realization of capital gains at death or bequest Deemed Realization (one-time) at death or transfer for significant assets (e.g. >$1,000,000,000) Babies Over Billionaires Act (Deemed Realization on individuals with large unrealized capital gains during COVID timeframe) S 1652- Paying a Fair Share Act S 2680, HR 4940- Real Corporate Profits Tax S 794- Tax Excessive CEO Pay Act Individual taxes: Surtax, higher rates on high incomes, close loopholes, Mark to Market Individual tax rate: raise top rate to 39.6% or higher Close NIIT and SECA tax loopholes and dedicate revenue to fund Medicare Corporate taxes (e.g. higher rates, close loopholes, raise revenue) Corporate taxes: minimum 15% Individual tax itemized deduction for state and local taxes (i.e. SALT) Earned income tax credit and child tax credits HR 2549, S 1157- Tax Fairness for Workers Act HR 696, S 147- CARES Windfall for the Wealthiest Repeal Act General Business Tax Credits refundability Refundable NOL Carryover, Credit for R & D COVID-19 expenditures COVID Relief Package, Millionaires Giveaway Net Operating Loss tax break Ways and Means Draft, The Building an Economy for Families Act Payroll tax credit for child care providers (employer side refundable credit) HR 3007, S 1545- Disclosure of Tax Havens and Offshoring Act
2021 · third_quarter · Financial Institutions/Investments/Securities
Communications with the government regarding the resiliency/market operations of varying asset class trading during the COVID-19 pandemic; Transparency of proxy advisors; Trading and listings standards needed for a U.S. Venture Exchange, H.R. 2899 - Main Street Growth Act, S. 2306 - Main Street Growth Act; Legislation on 10-Q optionality, H.R. 3454 - Modernizing Disclosures for Investors Act; Legislation on reforming U.S. antitrust laws - H.R. 3816 - American Choice and Innovation Online Act, H.R. 3826 - Platform Competition and Opportunity Act, H.R. 3825 - Ending Platform Monopolies Act, H.R. 3849 - Augmenting Compatibility and Competition by Enabling Service Switching Act, H.R. 3843 - Merger Filing Fee Modernization Act, H.R. 3460, the State Antitrust Enforcement Venue Act; Incentives for the trading of small cap stocks/ETFs; Support for Nasdaq Board Diversity filing with the SEC; Federal financial transaction tax, H.R. 1584 - Protecting Retirement Savers and Everyday Investors Act, S. 1283 - Tax on Wall Street Speculation Act; S.2621 - Modernization of Derivatives Tax Act of 2021; 2021 Reconciliation Package; Mark-to-market - S.2621 Modernization of Derivatives Tax Act of 2021; Exchange-traded funds - S. 2617 - Ending the Carried Interest Loophole Act; H.R. 4617 - To require the Securities and Exchange Commission to carry out a study on payment for order flow, to require the Investor Advocate of the Commission to provide recommendations on payment for order flow, and for other purposes; Tracking legislation that would impact special purpose acquisition companies (SPACs) - S. 1504 - Sponsor Promote and Compensation Act, H.R. __ - To amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to exclude certain special purpose acquisition companies from safe harbor for forward-looking statements, and for other purposes; A bill to temporarily extend the public debt limit; H.R.3684 - Infrastructure Investment and Jobs Act; Support diplomatic efforts by the PCAOB / SEC to ensure PCAOB review of foreign auditing firms; H1B visa/immigration reform, H.R. 3524 - Ensuring American Global Leadership and Engagement Act, H.R. 2225 - National Science Foundation for the Future Act; Equity, Regulation NMS, proprietary ownership and distribution of market data; The regulatory role of exchanges and the legal protections necessary to function as a regulator of market activities; Limitations on SEC regulation of non-exchange activities, Exchange Regulatory Improvement Act of 2017; ESG and public company regulations, H.R. 1187 - Corporate Governance Improvement and Investor Protection Act; and Short interest disclosure.
2021 · third_quarter · Taxation/Internal Revenue Code
1. Issues relating to tax treatment on futures and securities 2. Wall Street Tax Act of 2021 (HR 328/S 817) a. All provisions 3. Tax on Wall Street Speculation Act (HR 2735/S 1283) a. All provisions 4. Modernization of Derivatives Tax Act of 2021 (S 2621) a. All provisions
Client expense: $280,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2021 · third_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax.
-H.R.1785 (All) -H.R.1116 (All) -H.R.328 (All) -H.R.2735 (All) -H.R.1068 (All) -S.714 (All) -S.1283(All) -Sensible Taxation and Equity Promotion (STEP) Act (All)
Client expense: $620,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR)
2021 · second_quarter · Financial Institutions/Investments/Securities
S 714/HR 1785: No Tax Breaks for Outsourcing Act HR 1068/S 1598: Carried Interest Fairness Act HR 328/S 817: Wall Street Tax Act HR 1979/S 794: Tax Excessive CEO Pay Act HR 2735/ s 1283: Tax on Wall Street Speculation Act
Client expense: $376,457 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Energy, Dept of, Federal Aviation Administration (FAA), Federal Motor Carrier Safety Administration, HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Pipeline & Hazardous Materials Safety Administration, SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR), White House Office
2021 · second_quarter · Taxation/Internal Revenue Code
H.R. 328/S. 817, Wall Street Tax Act of 2021 H.R. 1381/S. 480, Main Street Tax Certainty Act H.R. 1712/S. 617, Death Tax Repeal Act H.R. 1304, American Innovation and R&D Competitiveness Act of 2021 H.R. 2735/S. 1283, Tax on Wall Street Speculation Act H.R. 3007, Disclosure of Tax Havens and Offshoring Act H.R. 3425, Saving Gig Economy Taxpayers Act S. 749, American Innovation and Jobs Act S. 948, A bill to protect American small businesses, gig workers, and freelancers by repealing the burdensome American Rescue Plan Act of 2021 transactions reporting threshold S. 1274, Remote and Mobile Worker Relief Act of 2021 S. 1298, Clean Energy for America Act Various issues relating to tax extenders, including bonus depreciation, deferral tax provisions, S-Corp tax provisions, and flow-throughs; Tax Cuts and Jobs Act (P.L. 115-97), including implementation of, and follow up such as making individual rates and pass-through rates permanent; Internal Revenue Code Section 965/tax overpayments, and changes made to section 965 by the Tax Cuts and Jobs Act; foreign tax carryforwards transition; pension reform; conversion of future 401(k) or Individual Retirement Account (IRA) contributions to Roth accounts; 199A tax deduction; Internal Revenue Service controlled foreign corporation (CFC) look-thru rule; pending bilateral tax treaties before the U.S. Senate; potential for additional bilateral tax treaties; potential repeal of the State and Local Tax (SALT) cap; corporate tax filing deadline; digital services taxes; global anti-base erosion proposal (GloBE) under pillar two; general business tax credits; Memorandum for the Secretary of the Treasury deferring payroll tax obligations in light of the ongoing COVID-19 disaster; taxation of mobile and remote workers during the coronavirus pandemic; tax free paycheck protection program loan forgiveness; Paycheck Protection Program (PPP) tax deductibility; work opportunity tax credit; implementation of the American Rescue Plan Act (P.L. 117-2) including Section 9674 relating to 1099-K form reporting; IRS priority guidance plan; 199A tax deduction; continuation of the steeped-up basis; potential corporate tax rate increase; continuation of the percentage depletion tax deduction; European Commissions consultation on a proposed digital levy; international tax provisions; corporate tax rate; extension of expiring tax provisions; general COVID relief legislation
-H.R.1785 (All) -H.R.1116 (All) -H.R.328 (All) -H.R.2735 (All) -H.R.1068 (All) -S.714 (All) -S.1283(All) -Sensible Taxation and Equity Promotion (STEP) Act (All)
Client expense: $620,000 · Firm income: Not reported
Government targets: Environmental Protection Agency (EPA), Executive Office of the President (EOP), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Labor, Dept of (DOL), Office of Management & Budget (OMB), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, U.S. Trade Representative (USTR)
2021 · second_quarter · Taxation/Internal Revenue Code
H.R.328 the Wall Street Tax Act of 2021; S.817 the Wall Street Tax Act of 2021; S.1283 Tax on Wall Street Speculation Act; H.R.2735 Tax on Wall Street Speculation Act; S.1005 the Modernization of Derivatives Tax Act of 2017.
Client expense: $250,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), Federal Reserve System, HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
2021 · second_quarter · Taxation/Internal Revenue Code
Biden Made in America Tax Plan The Building an Economy for Families Act Payroll tax for child care providers (employers side refundable credit) Businesses PPP Double Dip H.R. 696/S. 147 - CARES Windfall for the Wealthiest Repeal Act H.R. 1068 - Carried Interest Fairness Act Close NIIT & SECA tax loopholes & direct revenue to Fund Medicare Corporate tax (e.g. higher rates, close loopholes, raise revenue) Corporate tax: Minimum 15% H.R. 2286 - Deemed Realization of capital gains at death or bequest H.R. 3007/S. 1545 - Disclosure of Tax Havens and Offshoring Act Earned income tax credit and child tax credits Fairness in Taxation Act H.R. 2576/S. 994 - For the 99.5% Act General Business Tax Credits refundability Individual tax rate (e.g. surtax, higher rate, close loopholes, Mark to Market) Individual tax rate: raise top rate to 39.6% or higher Individual tax itemized deduction for state & local taxes (e.g. SALT) IRS Enhancement and Tax Gap Reduction Act H.R. 3805/S. 2028 - Millionaires Surtax Act COVID Relief Package - Millionaires Giveaway Net Operating Loss tax break H.R. 1785/S. 714 - No Tax Breaks for Outsourcing Act Paid Family Medical Leave S. 1652 - Paying a Fair Share Act Real Corporate Profits Tax Refundable NOL Carryover, Credit for R&D COVID-19 expenditures S. 1788 - Restoring the IRS Act of 2021 Sensible Taxation and Equity Promotion (STEP) Act H.R. 1200/S. 1857 - Stop CHEATERS Act (Stop Corporations and High Earners from Avoiding Taxes and Enforce Rules Strictly) S. 794 - Tax Excessive CEO Pay Act Tax Fairness Act of 2021 Deemed realization (one-time) at death or transfer for assets > $1,000,000,000 H.R. 2549/S. 1157 - Tax Fairness for Workers Act H.R. 2735/S. 1283 - Tax on Wall Street Speculation Act H.R. 1459/S. 510 - Ultra-Millionaire Tax Act of 2021 H.R. 328/S. 817 - Wall Street Tax Act Wealth Tax (one-time) on individuals with sizeable assets 28% cap on value of individual itemized deductions 20% deduction for business owners pass thru income to individual taxes
2021 · second_quarter · Taxation/Internal Revenue Code
H.R. 2735 support for Tax on Wall Street Speculation Act S. 1283 support for Tax on Wall Street Speculation Act
Client expense: $70,000 · Firm income: Not reported
Government targets: Centers For Disease Control & Prevention (CDC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE, Veterans Affairs, Dept of (VA)
2021 · second_quarter · Government Issues
H.R. 1195 support for Workplace Violence Prevention for Health Care & Social Service Workers Act H.R. 1976 support for Medicare for All Act H.R. 3165 support for Nurse Staffing Standards for Hospital Patient Safety and Quality Care Act H.R. 842 support for Protecting the Right to Organize Act H.R. 2735 support for Tax on Wall Street Speculation Act H.R. 2523 support for THRIVE (Training in High-demand Roles to Improve Veteran Employment) Act S. 1567 support for Nurse Staffing Standards for Hospital Patient Safety and Quality Care Act S. 420 support for Protecting the Right to Organize Act S. 1283 support for Tax on Wall Street Speculation Act Support for TRIPS (Trade Related Intellectual Property Rights) Waiver for Covid-19 Vaccines Support for Need for Protections for Nurses in the VA Support for CDC guidance for worker protections during COVID-19 pandemic Support for Worker protections during COVID-19 for workers in California Support for Occupational Safety and Emergency Temporary Standard for COVID-19 Support for Affordable Healthcare
Client expense: $70,000 · Firm income: Not reported
Government targets: Centers For Disease Control & Prevention (CDC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE, Veterans Affairs, Dept of (VA)
2021 · second_quarter · Budget/Appropriations
H.R. 1195 support for Workplace Violence Prevention for Health Care & Social Service Workers Act H.R. 1976 support for Medicare for All Act H.R. 3165 support for Nurse Staffing Standards for Hospital Patient Safety and Quality Care Act H.R. 842 support for Protecting the Right to Organize Act H.R. 2735 support for Tax on Wall Street Speculation Act H.R. 2523 support for THRIVE (Training in High-demand Roles to Improve Veteran Employment) Act S. 1567 support for Nurse Staffing Standards for Hospital Patient Safety and Quality Care Act S. 420 support for Protecting the Right to Organize Act S. 1283 support for Tax on Wall Street Speculation Act Support for TRIPS (Trade Related Intellectual Property Rights) Waiver for Covid-19 Vaccines Support for Need for Protections for Nurses in the VA Support for CDC guidance for worker protections during COVID-19 pandemic Support for Worker protections during COVID-19 for workers in California Support for Occupational Safety and Emergency Temporary Standard for COVID-19 Support for Affordable Healthcare
Client expense: $70,000 · Firm income: Not reported
Government targets: Centers For Disease Control & Prevention (CDC), HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), Occupational Safety & Health Administration (OSHA), SENATE, Veterans Affairs, Dept of (VA)
2021 · second_quarter · Taxation/Internal Revenue Code
1. Issues relating to tax treatment on futures and securities 2. Wall Street Tax Act of 2021 (HR 328/S 817) a. All provisions 3. Tax on Wall Street Speculation Act (HR 2735/S 1283) a. All provisions
Client expense: $260,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
2021 · second_quarter · Taxation/Internal Revenue Code
CHN supports an increase in revenues from fair and progressive sources. CHN supports making permanent the changes to the Earned Income Tax Credit in the American Rescue Plan Act that expanded eligibility to those 19 and older and increased the value of the credit for workers who are not custodial parents. CHN supports making permanent the changes to the Chile Tax Credit in the American Rescue Plan Act that makes the credit fully refundable and increases the value of the credit to $3000 for children age 6 and older and to $3600 for children under age 6. CHN supports reversing tax breaks to corporations and wealthy individuals in the Tax Cut and Jobs Act, 2017, and other changes to increase revenue and make the tax code more progressive. Those changes on the corporate side include raising the corporate tax rate to 28%; imposing a minimum tax rate on corporate offshore profits and profits reported to investors; ending tax breaks for fossil fuel production; ending deductions for offshoring jobs and credit expenses; and eliminating tax break for shifting intellectual property offshore. Changes on the individual side include returning the top rate to 39.6%; taxing capital gains at the same rate as ordinary income; and ending stepped-up basis for estates. CHN supports an increase in funding for the IRS to strengthen its capacity to collect taxes. CHN supports H.R.328 the Wall Street Tax Act of 2021 that calls for a financial transaction tax. CHN supports S.309/H.R.4857 the For The 99.5% Act which would impose increased tax rates on decedent estates, gifts, and generation-skipping transfers.. CHN supports the Sensible Taxation and Equity Promotion (STEP) Act, which would address the stepped-up basis loophole by taxing unrealized capital gains when heirs inherit huge fortunes on which the original owner never paid income taxes. CHN supports the S.2809/H.R.5043 Millionaires Surtax which would impose an additional 10% tax on individual taxpayers whose adjusted gross income exceeds $2 million. CHN supports the S.780/H.R.1711 the No Tax Breaks for Outsourcing Act which modifies the tax treatment of the foreign source income of domestic corporations. CHN supportsH.R.328 the Wall Street Tax Act which would impose a 0.1% excise tax on certain purchases of stocks, bonds, and derivatives. CHN supports The Tax on Wall Street Speculation Act, S.1283 which would enact a financial transaction tax.
Client expense: $595,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
Client expense: $420,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Client expense: $470,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Client expense: $410,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Client expense: $16,360,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Emergency Management Agency (FEMA), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Occupational Safety & Health Administration (OSHA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
Client expense: $570,000 · Firm income: Not reported
Government targets: Centers For Medicare and Medicaid Services (CMS), Commerce, Dept of (DOC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office
Client expense: $390,000 · Firm income: Not reported
Government targets: Commodity Futures Trading Commission (CFTC), HOUSE OF REPRESENTATIVES, SENATE, Securities & Exchange Commission (SEC), Treasury, Dept of
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE
Client expense: $11,640,000 · Firm income: Not reported
Government targets: Agriculture, Dept of (USDA), Bureau of Citizenship & Immigration Services (BCIS), Bureau of Industry and Security (BIS), Commerce, Dept of (DOC), Commodity Futures Trading Commission (CFTC), Consumer Financial Protection Bureau (CFPB), Defense, Dept of (DOD), Education, Dept of, Energy, Dept of, Environmental Protection Agency (EPA), Equal Employment Opportunity Commission (EEOC), Executive Office of the President (EOP), Federal Aviation Administration (FAA), Federal Communications Commission (FCC), Federal Deposit Insurance Corporation (FDIC), Federal Energy Regulatory Commission (FERC), Federal Reserve System, Federal Trade Commission (FTC), HOUSE OF REPRESENTATIVES, Health & Human Services, Dept of (HHS), Homeland Security, Dept of (DHS), Interior, Dept of (DOI), Internal Revenue Service (IRS), Justice, Dept of (DOJ), Labor, Dept of (DOL), Natl Economic Council (NEC), Natl Institute of Standards & Technology (NIST), Natl Labor Relations Board (NLRB), Natl Security Council (NSC), Natl Telecommunications & Information Administration (NTIA), Office of Management & Budget (OMB), Office of Science & Technology Policy (OSTP), Office of the Comptroller of the Currency (OCC), Patent & Trademark Office (PTO), Pension Benefit Guaranty Corporation (PBGC), SENATE, Securities & Exchange Commission (SEC), Small Business Administration (SBA), State, Dept of (DOS), Transportation, Dept of (DOT), Treasury, Dept of, U.S. Copyright Office, U.S. Customs & Border Protection, U.S. Trade Representative (USTR), White House Office
Client expense: $570,000 · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, Labor, Dept of (DOL), SENATE, Transportation, Dept of (DOT), Treasury, Dept of, White House Office
Client expense: Not reported · Firm income: Not reported
Government targets: HOUSE OF REPRESENTATIVES, SENATE