Close loopholes to fix economy
The World Link – August 04, 2014
1986 U.S. Sen. Bill Bradley and House Rep. Dick Gephardt introduced bills in Congress eliminating most corporate tax loopholes.
Both bills passed legislation. When the final bill reached President Regan’s desk, he signed it into law. He said, “We are going to close the unproductive loopholes that allow some of the truly wealthy to avoid paying their share.”