Re:G7: Rich nations back deal to tax multinationals
by dragonwriter on Saturday June 05, 2021 @05:03PM
(#27408436)
> If it was revenue-neutral, sure.
No, revenue-neutrality doesn't weigh in favor of being eligible for reconciliation; a measure must principally address either spending, revenue, or the debt limit to be eligible for that process.
Re:G7: Rich nations back deal to tax multinationals
by ncallaway on Saturday June 05, 2021 @05:51PM
(#27408720)
That’s an incorrect description of the budget reconciliation process.
One of the budget reconciliation categories is explicitly for revenue, which means being revenue-neutral would make it harder to pass under reconciliation.
Being an aspect that explicitly impacts revenue makes it much easier to pass under the revenue reconciliation process. In fact, adjusting those rates would be a pretty straight-down-the-middle use of reconciliation.
https://en.m.wikipedia.org/wiki/Reconciliation_(United_State...
If it was revenue-neutral, sure. That is unlikely to be the case with changes to corporate tax rates. And even then, you are going to have a hard time getting even 50 votes.