It was represented on the floor that there was a colloquy on the House side, and in that colloquy they suggested there was no intent for this language to permit access to individual tax returns. In that colloquy, they suggested, there was no intent. Now, the Senator has read this language. Do you believe the representation that has been made on the House floor that this didn't intend to access individual tax returns?
Kent Conrad: “It was represented on the floor that there was a colloquy on the House side, and in that colloquy they suggested there…”
Editor's note · Context
Questioning the intent behind language regarding access to individual tax returns during a legislative discussion.
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More from Kent Conrad
I would say personally I would not go to a company advising me on wealth management that did not have it because I think whoever is advising me ought to have as their highest responsibility to be giving me advice that is in my interest.
This Retirement Security Plan structure that we have suggested I think would go a long way toward dealing with these issues.
We also increase the payroll tax very modestly, from the current combined rate of 12.4 percent to 13.4 percent over 10 years.
The bottom 20 percent of earners get a 35-percent increase over what is scheduled, a more than 60-percent increase over what is payable.





