Corporate Alternative Minimum Tax would Hit Multinationals that Offshore Profits and Production

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement in support of the 15% Corporate Alternative Minimum Tax (CAMT) included in the Inflation Reduction Act. The CAMT would impact multinational corporate groups that have $1 billion in yearly profits over an average of three years and do not pay at least…

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U.S. Manufacturers’ Share of Domestic Market Plummets to Historic Low

WASHINGTON — The Coalition for a Prosperous America (CPA) today released an update to the Domestic Market Share Index (DMSI), a new indicator that measures the success of U.S. manufacturing producers in the U.S. home market. The DMSI fell to 64.9 in Q1 2022, down from 66.4 in the previous quarter, indicating that importers increased…

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CPA Data Shows Federal Retirement Funds Flowing to CCP Companies

WASHINGTON — The Coalition for a Prosperous America (CPA) today released its findings regarding the Thrift Savings Plan’s (TSP) new Mutual Fund Window. As first reported by The Wall Street Journal, CPA’s deep-dive into the Mutual Fund Window’s offerings document serious exposure to companies owned or controlled by the Chinese Communist Party (CCP). Shockingly, the…

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CPA Applauds Provisions in Reconciliation Bill to Boost U.S. Domestic Solar Manufacturing

WASHINGTON — The Coalition for a Prosperous America (CPA) today released a statement applauding a provision in the Inflation Reduction Act that would provide tax credits for domestic production of multiple stages of the solar supply chain, including modules, photovoltaic cells, and solar-grade polysilicon. The provision resembles legislation introduced last year by U.S. Senator Jon…

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