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Anonymous Posted 11 years ago
Vocabulary
Closers
“The president’s proposal also includes other loophole closers that crack down on corporations that shift profits to tax havens to avoid paying their fair share or take advantage of so-called ‘inversions’ to avoid paying US taxes.” (a White House official speaking on the condition of anonymity.)
Is "closers" a noun meaning 'stopgaps'?
Is "closers" a noun meaning 'stopgaps'?
Top answer
e. prevent people taking advantage of loopholes.
- e.
- prevent people taking advantage of loopholes.
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1 Answers
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"loophole closers" are new or amended laws or regulations that are designed to close loopholes, i.e. prevent people taking advantage of loopholes.
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