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.@SenFinance Chairman @ChuckGrassley: Last week, along with my Democratic colleague Senator Ron Wyden, I announced that the Finance Committee has formed five taskforces, made up of bipartisan members of the Committee, to examine 42 tax provisions.https://www.taxnotes.com/special-reports/legislation-and-lawmaking/congress-must-provide-certainty-taxpayers-provide-solutions-extenders/2019/05/23/29jts …
These taskforces will explore temporary tax policies within one of five issue areas, including workforce and community development, health taxes, energy, business cost recovery, and a combined group consisting of individual taxes and other temporary policies.
They’ll review the original purpose of each policy and whether it’s still necessary. If so, the taskforces will be responsible for identifying possible solutions that would provide long-term certainty in these areas.
Will task force address US rogue policy of taxing citizens & residents of other nations? Examine why renunciations of US citizenship have recently increased exponentially, why Americans increasingly cannot bank abroad (#FATCA)?
Do you want Americans to compete globally or not?pic.twitter.com/uvyivcMSAT
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