It was clearly congressional intent, as Senator Toomey pointed out, with respect to qualified improvement property, that businesses be able to take advantage of the shorter depreci...
It is my view that the Treasury has the authority to redefine cost to include the real cost adjusted for inflation.
The tax code is unique in that Congress has provided broad regulatory authority in section 7805, which has existed for decades.
I hope we can have bipartisan cooperation to fix both the qualified improvement property issue and a net operating loss issue.
I trust my colleagues on both sides of the aisle, however you felt about the tax reform, would not want to visit this honest mistake upon a ...
The fact is, over the last 6 months of this year, the first year in which this tax reform was in effect, wages are up.
I mean, it is just terrific.
Let me also thank you for your work on tax reform, because the evidence is just abundantly obvious.
Will you commit to using the Administrative Procedures Act when the CFPB imposes new rules?
do you agree with my interpretation that 1071 is the only respect in which Dodd-Frank mandates the Bureau to deal with small business?
It is by its nature intrinsically forced to subsidize--it forces taxpayers to subsidize certain companies.