According to Capito, this legislation is designed to reinstate Earnings Before Interest, Tax, Depreciation, and Authorization measure (EBITDA) for US businesses. This reinstatement could also help make it easier for capital insensitive companies to raise capital or obtain financing, protect US jobs and wages, and strengthen global competition.
In the midst of continued high inflation, high interest rates, and increased taxes burdening U.S. businesses, additional limitations like these jeopardize...
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