Political Quotes

“Mr. Speaker, I rise in support of Stop Terror-Financing and Tax Penalties on American Hostages Act, H.R. 9495. The intent of this bill is simple, no American who has suffered the injustice of wrongful detention or hostage taking by our adversaries should return home to face penalties and interest from their own government. Under current tax law, individuals who have been held against their will can be subject to late tax payment penalties and interest after returning home from captivity. Not only does this defy common sense, it defies compassion. This is an obvious flaw, and it only worsens the trauma of individuals and families who have already faced extraordinary challenges. In addition to righting this egregious wrong, the bill revokes the tax-exempt status for organizations found to be supporting these terrorist groups; by the way, an initiative that passed unanimously in the House Ways and Means Committee. Contrary to what some of my colleagues across the aisle believe, the American people do not want hard-earned tax dollars to be funneled to terrorist organizations. Numerous House Ways and Means Committee investigations have uncovered evidence that groups like Samidoun, for example, are actively laundering funds through nonprofit organizations to terrorist organizations.…”