Close the tax loopholes that corporations and the wealthy are able to use to keep from paying their share of the taxes.

This petition is designed to close the loopholes that currently exist in the tax code.

Corporations should not be allowed to store income earned overseas in offshore accounts to prevent paying income taxes. They also shouldn't be allowed deductions for moving the business to another country. Prevent corporations from using LIFO accounting practices which allows them to mask their true income.