End corporate tax deductions for multimillion-dollar executive bonuses

Doggett introduced the Stop Subsidizing Multimillion Dollar Corporate Bonuses Act. It would end special tax breaks that let publicly traded companies deduct the cost of multimillion-dollar bonuses paid to executives; Doggett says the change would close a loophole that uses taxpayer dollars to support those pay packages.

Context: The source reports the bill’s introduction in 2025 but does not describe its current legislative status.

In their own words

end special tax breaks for publicly traded companies that deduct the cost of any multimillion-dollar bonus paid to executives.

The source

Lloyd Doggett: Growing Our Economy ↗

Published: Original date not established; campaign context manually checked
Retrieved: 11/10/2026