I stand for fairness in tax administration, and I stand for million of working American families.
I think you raise some important points, especially about after-the-fact and audits.
I want to make the statement that, yes, we have a tax gap.
this Committee has an obligation to examine all of the causes of the tax gap.
If we have a higher corporate tax rate, lowering corporate tax rates would obviously reduce some of that pressure on transfer pricing.
But too often, State and local governments have not kept their end of the bargain and are failing to adequately fund employee pensions.
It is clear that there is not enough money set aside to meet future obligations.
There is no sense in doing it.
That is what is driving the fiscal crisis at the State and at the local level.
In the letter, he adamantly opposes H.R. 567.
I would remind the gentleman that it is a little unseemly to impugn motives of Members of the Committee.