As the Committee evaluates tax reform options intended both to make the United States a more attractive place to locate activity and to simplify tax compliance for business taxpayers, it is important to understand how financial accounting rules influence behavior.
Chairman Camp emphasizes the importance of understanding financial accounting in tax reform.
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The bill before us actually evens the playing field. If two people are single and have children at the income levels the previous speaker just mentioned, they get the credit. Under current law, if they are married, they don't get the…
At this time, I yield 3 minutes to the gentleman from Washington (Mr. Hastings), the gentleman from the Natural Resources Committee.
At this time, I yield such time as he may consume to the distinguished gentleman from Wisconsin (Mr. Ryan), the chairman of the Budget Committee and the incoming chairman of the Ways and Means Committee.
At this time, I yield 2 minutes to the distinguished gentlewoman from Wyoming (Mrs. Lummis).
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