On the recordFebruary 13, 2019
Mr. President, I come to the floor for two reasons: No. 1, to speak about the tax bill of 1 year ago, and then, for a longer period of time, to address the issue before the Senate, which is the nomination of Mr. Barr. The tax filing season began just over 2 weeks ago. Despite the disruption of the temporary partial government shutdown, the IRS is reporting to the Nation that all systems are go. Tax returns are being processed as normal, and refunds are being sent out. While there are lingering effects from the shutdown, overall, the IRS and Treasury have done a pretty good job of minimizing the effects of the shutdown on tax filers. This season is receiving additional scrutiny as it is the very first time that tax filers are filing under the tax cuts and reforms enacted last year. My colleagues on the other side of the aisle and some in the media appear to be obsessed with finding anything they can manufacture to declare the filing season under the new law a failure. Of course, that is after only 2 weeks of tax filing--not a long enough period of time to draw too many conclusions. Case in point: Last week the IRS released preliminary filing data covering the first weeks of the filing season. Immediately, naysayers began focusing on data that suggests that tax refunds in the first week were down slightly over last year, as well as focusing on anecdotal social media posts.…





