Let the sunshine in
Wow, the U.S. House of Representatives brings us three great developments in a single day -- can't remember the last time that happened (probably decades ago). Today's BNA Daily Tax Report tells us:
1. In a surprise move quickly welcomed by the tax community, the House Judiciary Committee approved language to prohibit patents of tax planning methods.All three welcome moves by the House. Tax patents; the IRS handing out people's tax information to private collection agencies; people selling your Social for $75 -- it's all insanity, and it should have done away with long ago. As the kids at BlueOregon say, elections matter.2. The House Ways and Means Committee votes 23-18 to kill IRS's private debt collection program...
3. The Ways and Means Committee unanimously approves a bill (H.R. 3046) aimed at curbing identity theft by limiting the sale and display of Social Security numbers. The measure, approved 41-0, would prohibit businesses from selling or purchasing Social Security numbers, except in limited cases, including for tax purposes and ensuring the accuracy of credit and insurance underwriting information.
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Comments (1)
All very good news. Yet more things the Republicans most likely voted against for a reason I can't quite grasp.
Posted by Joey Link | July 19, 2007 3:13 PM