To amend the Internal Revenue Code of 1986 to eliminate tax loopholes that allow billionaires to defer tax indefinitely through planning strategies such as buy, borrow, die, to modify over 30 tax provisions so that billionaires are required to pay taxes annually, and for other purposes.
About This Bill
Committee
Latest Action · November 30, 2023
Read twice and referred to the Committee on Finance. (Sponsor introductory remarks on measure: CR S5694)