February 06,2014

Baucus Statement Reflecting on Tax Reform

To: Reporters and Editors
From: The Communications Office of Senate Finance Committee Chairman Max Baucus (D-Mont.)
Re: Reflection on Tax Reform

Senate Finance Committee Chairman Max Baucus (D-Mont.) made the following statement today regarding the state of tax reform:

“As I reflect on my time in the Senate, I am proud of our continued fight for smart tax reform.   Senator Hatch and Congressman Camp have been great partners and I am hopeful that our hard work and collaborative efforts will pave the way for further momentum in the years ahead.   It’s a tough road, but ultimately we can’t let politics get in the way of much needed policy.”

Recent momentum includes:

  • At the end of 2013, the Senate Finance Committee released four discussion drafts on international tax reform, tax administration, cost recovery and accounting, and energy.
  • Together with House Ways and Means Committee Chairman Dave Camp (R-MI), we set out last summer on a road show across the U.S. to meet with business leaders, policy makers and citizens to discuss how to best tackle comprehensive tax reform.
  • Alongside Senate Finance Committee Ranking Member Orrin Hatch (R-Utah), we led the charge to introduce ten tax reform option papers in the Spring of 2013 which offered a host of ideas to change various aspects of the tax code.
  • From 2011 - 2013 the Committee held over 30 hearings to drive discussion and explore opportunities regarding tax reform.
  • Secured input and ideas from over 16,000 citizens via taxreform.gov.