Tell Your Members of Congress to Vote for H.R. 4213

The House of Representatives has approved an important measure, H.R. 4213, the jobs and "tax extenders" bill that would extend desperately needed unemployment insurance benefits and other important provisions that will help keep our economy from falling into a more severe recession. The bill also closes several unfair tax loopholes to offset the costs of tax breaks for businesses.

Overall, H.R. 4213 will boost the economy while improving our tax system.

Unfortunately, the Senate has not yet acted. There are several reasons why Senators have not come to agreement yet. One reason is that some of them are reluctant to close unfair tax loopholes that benefit powerful business interests.

Call your Senators and urge them to 1) oppose any attempts to weaken the spending provisions or tax offsets in H.R. 4213, and 2) vote for H.R. 4213.

Use this toll-free number provided by AFSCME to make your call: 888-340-6521

 

For more information, see CTJ's overview of all the tax loophole-closing provisions in H.R. 4213:

The American Jobs and Closing Tax Loopholes Act of 2010 (a.k.a. the “Extenders” Bill) Would Boost the Economy and Improve Tax Fairness
This report explains the three general types of loophole-closers in H.R. 4213, including provisions to end abuses of foreign tax credits, provisions to clamp down on the "carried interest" loophole, and provisions to end the "John Edwards" loophole for business people with "S corporations."

Also see CTJ's reports on each of the three types of loophole-closers in H.R. 4213:

Closing the "John Edwards" Loophole Will Help, Not Hurt, Small Business
This report explains how a provision in H.R. 4213 will stop certain taxpayers who own and work for "S corporations" from avoiding payroll taxes on their earnings.

Senators Defend “Carried Interest” Loophole for Investment Fund Managers in the Name of the Poor, Minorities, Small Businesses and Cancer Patients!
This report debunks the outrageous arguments that investment fund managers have made in defense of the "carried interest" loophole.

Key Provisions in H.R. 4213 Would Prevent Abuse of Foreign Tax Credits
This report explains the provisions of H.R. 4213 that would make the U.S. international tax system fairer and more rational and cut down on corporations shifting profits offshore.

Peter G. Peterson Institute's Misguided Defense of Offshore Tax Loopholes
The Peter G. Peterson Institute has come out against provisions in H.R. 4213 that would prevent multinational corporations from abusing foreign tax credits. This report explains that the Institute is defending corporate practices that are indefensible.