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Stop Tax Loopholes

By Jonathan Huie (Contact)

To be delivered to: The United States House of Representatives, The United States Senate, and President Barack Obama

Big business and the ultra wealthy should pay their fair share in taxes.

Stop Tax Loopholes.

Change the tax code to limit the total annual federal tax deductions for any individual or corporation to $1,000,000 - with no exceptions.

Background: By using tax loopholes, America's largest corporation, General Electric, paid no taxes (that's right, zero dollars) in 2010 on profits of $14.2 billion while claiming a tax benefit (loophole) of $3.2 billion. This isn't an unusual case - this is fairly typical of what big business gets away with in the United States.

NEW goal - We need 100 signatures
There are currently 64 signatures

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