Political Quotes

On the recordJune 21, 2023
Mr. Speaker, I yield myself such time as I may consume. Mr. Speaker, let me first thank Chairman Smith, not only for articulating the exact reasons as to why we must support the Paperwork Burden Reduction Act, but for sharing this opportunity to co-lead on such a commonsense measure that will benefit taxpayers, not just in my Congressional District, the 19th District in California, but so many people all across this country. The bipartisan Paperwork Burden Reduction Act will ease confusion for taxpayers by reducing the paperwork that is necessary for filing taxes for small business employers and their employees. Under current law, employers must send a 1095 tax form to employees to verify their health coverage for the previous year. However, for many employees, the IRS no longer requires this form for them to complete their taxes. So the Paperwork Burden Reduction Act would allow employers to provide a 1095-B or a 1095-C form upon request from employees, rather than mandating it and wasting time, wasting money, and wasting paper. It is a bill that is popular, not just among taxpayers, but Democrats and Republicans alike, as demonstrated by its passage out of the Ways and Means Committee without a single vote in opposition. It is understandable why it is so popular because the one thing that we can all agree on is that we need to reduce unnecessary burdens on taxpayers and small businesses.…
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Jimmy Panetta
Democratic · California

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