July 21, 2015 12:07 PM | Permalink |
For Immediate Release: Tuesday, July 21, 2015
Contact: Jenice R. Robinson, 202.299.1066 x 29, Jenice@ctj.org
CTJ Statement on Senate Finance Committee Hearing on Tax Extenders
Following is a statement by Bob McIntyre, director of Citizens for Tax Justice, regarding a Senate Finance Committee hearing today on a proposal to extend various temporary tax breaks, known as “the extenders,” for two more years.
“The more than 50 temporary federal tax breaks known as the extenders are a motley array of mostly ineffective tax breaks that only the corporate lobbyists who dreamed them up could love.
“If the Senate Finance Committee were truly interested in achieving tax reform, it would take this opportunity to evaluate each of these tax breaks and ask whether they are the best use of scarce federal dollars.
“Otherwise, the best thing the committee can do is simply let all of these tens of billions of dollars in unwarranted tax giveaways expire.”