II 118th CONGRESS 1st Session S. 3367 IN THE SENATE OF THE UNITED STATES November 30, 2023 Mr. Wyden (for himself, Ms. Stabenow , Mr. Brown , Mr. Casey , Mr. Whitehouse , Ms. Warren , Mr. Schatz , Ms. Hirono , Ms. Baldwin , Mr. Sanders , Mr. Merkley , Mr. Fetterman , Mr. Reed , Mr. Welch , Ms. Smith , and Mr. Markey ) introduced the following bill; which was read twice and referred to the Committee on Finance A BILL To amend the Internal Revenue Code of 1986 to eliminate tax loopholes that allow billionaires to defer tax indefinitely through planning strategies such as buy, borrow, die , to modify over 30 tax provisions so that billionaires are required to pay taxes annually, and for other purposes.