[Congressional Bills 112th Congress]
[From the U.S. Government Printing Office]
[S. 7 Introduced in Senate (IS)]

112th CONGRESS
  1st Session
                                  S. 7

                    To reform the Federal tax code.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

             January 25 (legislative day, January 5), 2011

Mr. Reid (for himself, Mr. Durbin, Mr. Brown of Ohio, Mrs. Gillibrand, 
 Mrs. Boxer, and Mr. Lautenberg) introduced the following bill; which 
        was read twice and referred to the Committee on Finance

_______________________________________________________________________

                                 A BILL


 
                    To reform the Federal tax code.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Comprehensive and Fair Tax Reform 
Act''.

SEC. 2. SENSE OF THE SENATE.

    It is the sense of the Senate that Congress should--
            (1) simplify and shrink the tax code to reduce burdens on 
        taxpayers and businesses;
            (2) eliminate wasteful tax breaks for special interests and 
        remove corporate tax loopholes;
            (3) get rid of extra tax breaks for millionaires and 
        billionaires; and
            (4) crack down on cheaters and close the tax gap.
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