Ask AI
S. 8

End Wasteful Tax Loopholes Act

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.


Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S47)

Sen. Reid, Harry [D-NV](D-NV)Sponsor
14 cosponsors13 D1 I
14cosponsors1committees2actions10subjects
  1. IntroReferral

    Read twice and referred to the Committee on Finance. (text of measure as introduced: CR S47)

    Finance Committee
  2. IntroReferral10000

    Introduced in Senate

End Wasteful Tax Loopholes Act — Informed