FAIRTAX FRIDAY and CHAIRMAN’S REPORT – July 21st, 2017
FAIRTAX FRIDAY and CHAIRMAN’S REPORT – July 21st, 2017
It is amazing how many times if you just politely ask someone to do something they will.
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20170721-fairtax-Friday
Webinar
Webinar
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Watchdog group calls for criminal inquiry of IRS for Obama-era abuses
Watchdog group calls for criminal inquiry of IRS for Obama-era abuses
Government watchdog group Judicial Watch, citing a new report from the Treasury Inspector General for Tax Administration, said the Obama-era IRS’s practice of “losing” or “destroying” documents demands a criminal investigation. READ MORE
GOP tax sources: will be hard to get corporate rate below 25%
GOP tax sources: will be hard to get corporate rate below 25%
Sources familiar with the Republican tax negotiations say there's an acknowledgment within the working group that setting the corporate rate at less than 25 percent may be unworkable if the tax reform is going to be revenue neutral. READ MORE
Healthcare debacle raises pressure for GOP on taxes
Healthcare debacle raises pressure for GOP on taxes
The GOP’s setback on healthcare is raising pressure on Republicans to deliver a win for their party and the White House on taxes ahead of the midterm elections. READ MORE
20170721-fairtax-Friday
IRS boss Koskinen backs tax reform, calls system 'a mess'
Fox News
ICYMI: IRS boss Koskinen backs tax reform, calls system 'a mess'
IRS Commissioner John Koskinen said Wednesday that the agency fully supports tax reform efforts, acknowledging the existing U.S. tax code is such a “mess” that even he struggles to fill out his federal returns.
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GOP Senate Leadership’s Revised Health Bill Keeps $230 Billion in Taxes
Insurance Journal
ICYMI: GOP Senate Leadership’s Revised Health Bill Keeps $230 Billion in Taxes
Senate Majority Leader Mitch McConnell will take another run at an Obamacare repeal plan Thursday, and this time he’s got leverage: more than $230 billion he can spend over 10 years to sweeten the bill for Republican holdouts.
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