FAIRTAX FRIDAY AND CHAIRMAN'S REPORT

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Chairman's Report - December 15, 2017

In the 1990's when I met with Bob Packwood, the Senator from Oregon who was the Senate Finance Committee Chairman in 1986, he told me a story about a request he made to the Senate Judiciary staff in 1986 during the weeks leading up to the passage of the 1986 Tax Reform bill. Packwood said one night he was very tired and some Senators were demanding that changes be made that would produce more income and lower the deficit from the tax cuts.

20171215 - Fairtax Friday & Chairman's Report

Marco Rubio says he's a 'no' on tax bill unless he gets child tax credit

Sen. Marco Rubio, a Republican from Florida, told congressional leadership that he will not support the latest version of the GOP tax bill if the legislation doesn't make the child tax credit more generous. READ MORE

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The Wall Street Journal

The Rubio-Schumer Amendment

The GOP is pushing forward on tax reform, though a receiving line of Republican holdouts are slow-rolling progress. One who deserves special mention is Marco Rubio, who contributed nothing to ObamaCare repeal and now aspires to dilute the tax bill. Voters ought to remember this when he’s next pitching himself for President.

The New York Times

Senate Republicans Pass Sweeping Tax Bill

The Senate passed the most sweeping tax rewrite in decades early Saturday, with Republicans lining up to approve an overhaul that will touch almost every corner of the United States economy, affecting families, small business owners and multinational corporations, with the biggest benefits flowing to the highest-earning Americans...

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Americans For Fair Taxation
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