I could not agree more with any concept that envisions simplicity, equity. I think a lot of taxpayers today think somebody else is getting a better deal, and there is a lot of cynicism as a result. But with a proposal such as you are talking about, everybody knows what the rules of the road are. I think in addition to the many accomplishments that you are suggesting your proposal would achieve would be a confidence among the American people and a reduction in cynicism about somebody getting a benefit that somebody else does not, and that sort of thing. So I commend the Senator for his work.
Paul Coverdell: “I could not agree more with any concept that envisions simplicity, equity. I think a lot of taxpayers today think…”
Editor's note · Context
Commending a colleague's proposal for tax reform during Senate floor debate.
Share
More from Paul Coverdell
Sections 112 and 211 of the act will create new import programs for apparel produced in the Sub-Saharan and CBI countries which have been carefully crafted to bring significant benefits both to those regions and to the U.S. textile and…
I understand that it is the managers' intent that under the Caribbean Basin portion of the Act, an apparel article containing elastomeric yarns, including elestomeric filament yarns, shall be eligible for the de minimis rule set forth in…
When the Act requires yarn to be ``wholly formed'' in the United States, am I correct that the intention of the managers is to require that all processes necessary to convert fibers into yarns-- i.e., spinning, extruding--be performed in…
I have one final question regarding the so-called 809 provisions of both the Africa and Caribbean Basin measures. Am I correct that it is the managers' intent that these provisions do not permit dying or finishing of the fabrics to be…





