H.R. 4213, the “American Jobs and Closing Loopholes Act of 2010,” better known as the Extenders Bill, will most likely come up for a vote in the Senate before the end of the week. It includes a staggering $14 billion in international tax hikes. If this bill passes, the negative effects of these arbitrary and capricious changes will be borne by American shareholders, employees, and consumers.
Americans for Tax Reform Foundation is currently producing analyses of the eight tax hikes in the legislation: