Scott Klinger: Time to end the Apple and GE offshore tax loopholes

While attention focuses on congressional action on the Bush tax cuts, another tax bill is quietly tiptoeing through the Senate. The Senate Finance Committee has reported out the corporate tax extenders bill, a collection of dozens of tax breaks, many targeting industries whose lobbyists have filled campaign larders with cash. These tax breaks all expired at the end of last year, and are on track to be renewed for another year with little debate or scrutiny