The US Senate Committee On Finance just held a hearing readers will find very revealing on where the U.S. government stands about taxing the American taxpayer even higher. The Us. government has called in their own witnesses and you should know what they are saying. After you learn what is going on we encourage our tax expert community to express their own point of view and post it in the comments below prior to sending their Statement For the record to enlighten TaxConnections readers even further.

Statement By Chairman Ron Wyden, Democrat, Oregon –  https://www.finance.senate.gov/imo/media/doc/11092023_wyden_statement.pdf 

Statement By Mike Crapo, Republican, Idaho – https://www.finance.senate.gov/imo/media/doc/11092023_crapo_statement.pdf 

Testimony By Witness, Chye-Ching Huang, Director Tax Law Center, New York University, NY: https://www.finance.senate.gov/imo/media/doc/11092023_huang_testimony.pdf

Testimony By Witness, Morris Pearl, Patriotic Millionaires, New York, NY: https://www.finance.senate.gov/imo/media/doc/11092023_pearl_testimony.pdf 

Testimony By Witnesses, William McBride, VP Federal Tax Policy and Stephen J. Entin Fellow In Economics: https://www.finance.senate.gov/imo/media/doc/11092023_mcbride_testimony.pdf

How do I submit a statement for the record?

Any individual or organization wanting to present their views for inclusion in the hearing record should submit in a Word document, a single-spaced statement, not exceeding 10 pages in length. No other file type will be accepted for inclusion. Title and date of the hearing, and the full name and address of the individual or organization must appear on the first page of the statement. Statements must be received no later than two weeks following the conclusion of the hearing.

Statements can be emailed to:

Statementsfortherecord@finance.senate.gov

Statements should be mailed (not faxed) to:

Senate Committee on Finance
Attn. Editorial and Document Section
Rm. SD-219
Dirksen Senate Office Bldg.
Washington, DC 20510-6200