Skip to content
Sign up to receive our free weekday morning edition, and you'll never miss a scoop.
With $4.5 trillion for tax cuts in the House budget blueprint, Republicans will have to hunt for offsets in the tax arena.

The House’s hunt for tax offsets could hit buybacks and more

Reality is setting in that with $4.5 trillion for tax cuts in the House budget blueprint, Republicans will have to hunt for offsets in the tax arena – especially if they want to deliver more of President Donald Trump’s agenda.

Here’s some news: The House Ways and Means Committee has had discussions about options like ratcheting up taxes on public companies’ stock buybacks or adjusting limits on deducting executive pay, according to four sources with knowledge of the talks. Plus, proposals such as raising endowment taxes on universities and significant cuts to clean energy tax credits are being viewed as even more likely.

Here’s more on offset options that we hear Ways and Means is looking at: 

Subscripion logo

You're seeing a preview of our Premium Policy: The Vault financial services and tax policy coverage. Read the full story by subscribing here.

Presented by Pharmaceutical Reform Alliance

Americans know who to blame for rising drug prices: Big Pharma. Most Republicans, Democrats, & Independents all believe Big Pharma is stealing from Americans, one prescription at a time. Let’s hold them accountable and put Americans first.

Editorial photos provided by Getty Images. Political ads courtesy of AdImpact.