Videos

Senate Finance Committee Chair Max Baucus (D-MT) and House Ways and Means Committee Chair Dave Camp (R-MI) talked with David Rubenstein about their efforts to reform the tax code. Representa…

House Ways and Means Chair Dave Camp (R-MI) and Senate Finance Committee Chair Max Baucus (D-MT), talked with reporters about their tax code reform as a way to stimulate the economy and inte…

Witnesses testified about U.S. tax policy and the capital gains tax rate in the context of comprehensive tax reform. The maximum capital gains tax rate was 15 percent, as compared to the max…

Committee members met to mark up legislation dealing with tax “extenders,” a number of short-term tax breaks. Among the amendments they considered were credits for “Make it in America,” appl…

Committee members made opening statements at a markup hearing on legislation dealing with tax “extenders,” a number of short-term tax breaks. It included an extension for the research and de…

Witnesses testified about energy policy and the U.S. tax code. Among the issues they addressed were ways in which the tax code affects the energy sector, ways in which different energy indus…

Senate Finance Committee Chair Max Baucus (D-MT) outlined his committee’s efforts to write a proposal for changing the U.S. tax code. He said revenue must be part of tax reform efforts. Afte…

A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension.

A House-Senate Conference Committee met in an attempt to break the deadlock over a Social Security payroll tax cut extension. In December 2011 Congress passed a two-month payroll tax cut ext…

Business executives testified on ways to reform U.S. tax code. In their remarks they expressed unanimous support for tax reforms that would lower the corporate tax rate and eliminate special…

Witnesses testified about overhauling the tax code and the economic impacts of taxation on business and individual debt. This was the first tax-related joint hearing of the Senate Finance an…

Oil and gas industry executives testified on ending tax breaks for the largest multinational oil and gas companies. Senate Democrats and the Obama administration had proposed ending $21 bill…

Senator Baucus (D-MT) spoke about extending Bush-era tax cuts.

Accountants and economists testified about allowing the 2001 and 2003 tax cuts to expire and the potential impact on individual and corporate tax rates. Among the issues addressed were the s…

Internal Revenue Service officials testified about tax policy and IRS operations. Among the topics they addressed were customer service at the IRS, concerns about the competence of many tax …

Senators debated a motion limiting tax increases.

Witnesses testified about investment schemes such as the Bernie Madoff investment fraud scandal, and about offshore tax evasion legislation currently being developed by Chairman Baucus. Amon…

A hearing was held on the consequences for victims of tax-related identity theft, how the Internal Revenue Service (IRS) processes attempt to manage the issue, and what immediate steps the a…

Secretary Paulson testified about the Bush administration’s proposed fiscal year 2009 budget proposal. Topics included the administration position on alternative minimum tax (AMT) relief, si…

Nominee Douglas Shulman testified about his qualifications to be commissioner of the Internal Revenue Service. Topics included service and enforcement of IRS laws, IRS personnel issues, taxp…