“The two biggest things that need to be changed are the tax deductibility of corporate interest payments (companies use debt to fund expansion, rendering themselves vulnerable to corporate raiders or recession; if companies were forced to issue stock for expansion, we’d see executives planning for the long term rather than stuffing their own pockets).”
Both the versions lower companies ability to deduct interest on debt.
That is really good news. Do you happen to have any details, or a link?
Thanks!