Let us just say that so we remove the doubt, and we can move on to other important things.
Aaron Schock
The Public Record
Unless you are adamant that you are going to go to 7 years, all this is doing is creating uncertainty within the pharmaceutical industry and making them not want to invest.
If we are going to change current U.S. law which protects them up to 12 years to 7 years, which would be, you know, more than a 50 percent reduction in how many years they can recapture their earnings or their investment.
For anyone to suggest that these individuals' rights should be limited more so than others' simply because of their political beliefs is nothing more than discrimination.
The IRS' stellar reputation of being above partisan politics has been shattered by these revelations.
The IRS attempt a week ago to clean up and apologize for abusing conservative organizations seeking tax-exempt status is really the proverbial tip of the iceberg.
I'm going to submit these documents detailing what these organizations went through to the Treasury Inspector General for Tax Administration.
Would that be an appropriate question to a 501(c)3 applicant, the content of one's prayers?
Some will say that the only economic effect of extending expiring tax provisions is a reduction in revenue to the Government.
It is important that we give employers and individuals the certainty that their taxes will not increase by over $500 billion in the short term.
Through tax reform, we hope to no longer remain the country with the highest employer tax rate in a worldwide system of additional taxation.





