On the recordDecember 9, 2016
I thank my colleague. I would be happy to yield to our colleague from Oklahoma. ____________________
I thank my colleague. I would be happy to yield to our colleague from Oklahoma. ____________________
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This is another desperate attempt by a failed president to escape Americans’ revulsion with his failed agenda, amounting to one tank of Trump-inflated gas.
This throws doubt upon Treasury’s interpretation of many provisions of the Code, creates a great deal of uncertainty in the administration of our tax laws, and could balloon the deficit.
This interpretation is wildly inconsistent with the longstanding treatment of other provisions that use identical or near-identical language.