A BEDROCK principle of U.S. democracy is that the coercive powers of government are never used for partisan purpose. The law is blind to political viewpoint, and so are its enforcers, most especially the FBI and the Internal Revenue Service. Any violation of this principle threatens the trust and the voluntary cooperation of citizens upon which this democracy depends.
So it was…
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Washington, DC - Today, Ways and Means Subcommittee on Oversight Chairman Charles Boustany Jr., MD (R-LA) sent a letter to the Internal Revenue Service (IRS) regarding the IRS admitting they unfairly targeted conservative groups. After multiple inquiries from the Ways and Means Committee, the IRS repeatedly denied that they were targeting conservative grassroots organizations.…
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By Susan Davis
WASHINGTON — The top two tax writers on Capitol Hill want to overhaul the federal tax code for the first time since 1986 and they are soliciting help from the public to help get it done.
Senate Finance Chairman Max Baucus, a Democrat, and House Ways and Means Chairman Dave Camp, a Republican, are launching a website Thursday -- taxreform.gov -- and a…
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I rise today in support of H.R. 807, the Full Faith and Credit Act.
This legislation credibly and permanently removes the threat of default on a U.S. debt payment and ensures that Social Security benefit payments are paid in full and on time.
The bill is really quite simple: it requires the Treasury Department to issue debt not subject to the statutory limit to make…
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Washington, DC – House Ways and Means Chairman Dave Camp (R-MI) and Senate Finance Committee Chairman Max Baucus (D-MT) today teamed up to launch TaxReform.gov, a new website dedicated to obtaining input from the American public on tax reform.
“The tax code is littered with special interest provisions that Washington has put in over the last 27 years. It is time to go…
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Welcome to today’s hearing on the IRS’s final report on its Colleges and Universities Compliance Project.
Over the last two decades, tax-exempt organizations have grown increasingly complex in their organizational structures and operations. This has made it more difficult for the IRS to conduct oversight of the sector. Lending to this complexity is the prevalence of profit…
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Congressman Pat Tiberi (R-OH), Chairman of the Subcommittee on Select Revenue Measures, today announced that the Subcommittee will hold a hearing on the small business and pass-through entity tax reform discussion draft released on March 12, 2013, by the Committee on Ways and Means (“the Committee”). The Committee released the discussion draft to solicit feedback on the…
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Washington, DC - Today, Ways and Means Committee Chairman Dave Camp (R-MI) and Ranking Member Sander Levin (D-MI) issued the following statement upon release of the Joint Committee on Taxation (JCT) report on the Ways and Means Committee Tax Reform Working Groups. The report includes a summary of present law and suggestions for reform submitted to the 11 Tax Reform…
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Good morning and thank you for joining us today as we continue our dialogue with individuals, families and job creators of all sizes about the critical steps Congress can take through tax reform to get our economy back on solid footing.
At the risk of sounding like a broken record, it is important for Congress to fix our broken tax code. As anyone in this room who just completed…
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Welcome to the Subcommittee on Oversight’s annual hearing on the Internal Revenue Service’s operations and budget.
Just last week, million of taxpayers across America scrambled to meet their tax filing obligations by April 15. That was no easy feat. Every year, taxpayers face a tax code of growing complexity. Indeed, there have been nearly 5,000 changes…
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