Democratic Senator Floats Plan To Raise $200 Billion By Closing Corporate Tax Loopholes

Democratic Senator Floats Plan To Raise $200 Billion By Closing Corporate Tax Loopholes: A Democratic Senator wants to raise $200 billion over ten years by closing corporate tax loopholes, according to Bloomberg News. Sen. Carl Levin (D-MI) wants to ditch a slew of goodies for corporations, as well as a loophole that allows wealthy money managers to pay far less in taxes than middle-class families: Senator Carl Levin’s [...]/p