Political Quotes

“Mr. President, I ask unanimous consent that lots and lots of stuff I have done be printed in the Record. There being no objection, the material was ordered to be printed in the Record, as follows: REDUCING TAX BURDENS FOR NEVADA RESIDENTS & BUSINESSES Taxpayers' Bill of Rights--The ``Taxpayers' Bill of Rights'' was the first bill Senator Reid introduced upon entering the Senate. Several of the ideas in his bill were later incorporated into the Internal Revenue Service Restructuring and Reform Act of 1998. The ``Taxpayers' Bill of Rights'' laid out the rights of taxpayers during an audit, procedures for appealing a decision or filing complaints, the procedures the IRS may use to enforce laws and placed the burden of proof on all issues upon the IRS. Ended the Source Tax--Senator Reid and the Nevada delegation were successful in protecting Nevada retirees from taxes imposed by other states. This legislation ended taxation without representation by prohibiting states from taxing the retirement benefits of nonresidents. Sales Tax Deduction--Senator Reid reinstated the deduction for sales taxes to level the playing field for residents of states with no income taxes and he has been successful in extending it. Mortgage Tax Relief/Debt Cancellation for Homeowners-- Eliminates the income tax penalty for homeowners who are successful in negotiating a lower mortgage with their lender.…”