Edolphus Towns: “this week Congress did a great service for this Nation by passing the Internal Revenue Service reform legislation.…”

“this week Congress did a great service for this Nation by passing the Internal Revenue Service reform legislation. However, in our celebration, I must inform my colleagues that there is more work that needs to be done. We must eliminate a little known tax loophole for private clubs that profit from practicing discrimination. This chart details four private golf clubs identified by HBO's ``Real Sport with Bryant Gumbel.'' They have $9 million in taxpayers funds while excluding African-Americans. Each year these 501(c)(7) clubs act as nonprofit organizations that are exempt from paying corporate taxes to the Federal Government. This is just the tip of the iceberg, Mr. Speaker. I am offering legislation today that will end this, and I hope the Members of this body will join me.”