S.8 - End Wasteful Tax Loopholes Act

A bill expressing the sense of the Senate on the need to enact legislation to eliminate wasteful tax loopholes. view all titles (2)

All Bill Titles

  • Official: A bill expressing the sense of the Senate on the need to enact legislation to eliminate wasteful tax loopholes. as introduced.
  • Short: End Wasteful Tax Loopholes Act as introduced.

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Introduced
 
Senate
Passes
 
House
Passes
 
President
Signs
 

 
01/22/13
 
 
 
 
 
 
 

Official Summary

End Wasteful Tax Loopholes Act - Expresses the sense of the Senate that Congress should enact legislation to: (1) eliminate wasteful tax loopholes; (2) eliminate corporate tax loopholes and wasteful tax breaks for special interests; (3) enhance tax fairness by reforming or eliminating tax b

Official Summary

End Wasteful Tax Loopholes Act - Expresses the sense of the Senate that Congress should enact legislation to:
(1) eliminate wasteful tax loopholes;
(2) eliminate corporate tax loopholes and wasteful tax breaks for special interests;
(3) enhance tax fairness by reforming or eliminating tax breaks that provide excessive benefits to millionaires and billionaires;
(4) crack down on tax cheaters and close the tax gap;
(5) use the revenue saved by curtailing tax loopholes to reduce the deficit and reform the federal tax code;
(6) address provisions in the tax code that make it more profitable for companies to create jobs overseas than in the United States; and
(7) reform the tax code in a manner that promotes job creation, competitiveness, and economic growth.

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