Biden Budget Tax Proposal 2025. The goal of the new minimum tax is to curb companies’ ability to use deductions and tax credits to shrink their tax liability to as low as zero. Explore the biden budget 2025 tax proposals.

Proposes to increase the corporate alternative minimum tax (“camt”) rate from 15% to 21%. In a distinctly uncompetitive international position and threaten the health of the u.s.