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Archives: (R)Press Releases

Joint Statement on Tax Reform

WASHINGTON—Today, House Speaker Paul Ryan (R-WI), Senate Majority Leader Mitch McConnell (R-KY), Treasury Secretary Steven Mnuchin, National Economic Council Director Gary Cohn, Senate Finance Committee Chairman Orrin Hatch (R-UT), and House Ways and Means Committee Chairman Kevin Brady (R-TX) issued the following joint statement on tax reform: “For the first time in many years, the American people have elected […]

Tax Talk: The $2+ Trillion Lockout

With congressional efforts to overhaul the nation’s broken tax code moving forward in earnest, creating a tax system that ensures American businesses, both large and small, can successfully compete in today’s international markets remains a top goal. As part of this discussion, thought leaders, tax experts, and stakeholders often talk about the need to put an […]

Hatch to Convene Hearing on Increasing Access to Affordable Housing

WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) will convene a hearing on Tuesday, August 1, 2017, to examine the difficulties and solutions to increasing access to affordable housing in America. The hearing, “America’s Affordable Housing Crisis: Challenges and Solutions,” will take place at 10 a.m. in Room 215 of the Dirksen Senate Office […]

Hatch Urges Senate Colleagues to Vote to Begin Debate on Obamacare Repeal

WASHINGTON – Ahead of a vote to begin debate on repealing and replacing Obamacare, Senate Finance Committee Chairman Orrin Hatch (R-Utah) today urged his Senate colleagues to vote in favor of the motion to proceed to the House-passed reconciliation bill. “Anyone who supports the larger effort to repeal and replace Obamacare should be willing to […]

Hatch: Shift from Worldwide to Territorial Tax System Has Bipartisan Support

WASHINGTON – In a speech on the Senate floor today, Finance Committee Chairman Orrin Hatch (R-Utah) discussed the importance of shifting from a worldwide to territorial tax system. The shift would modernize our tax system and help make American companies more competitive in the vast global marketplace, incentivize American companies to bring overseas earnings back […]

Finance Committee Advances Treasury Assistant Secretary for Tax Policy

WASHINGTON – The Senate Finance Committee today unanimously advanced the nomination of David J. Kautter to serve as the United States Treasury Assistant Secretary for Tax Policy. Following the vote, Chairman Orrin Hatch (R-Utah) issued the following statement: “The Treasury Assistant Secretary for Tax Policy is a critical role as Congress and the administration work to […]

Tax Talk: What’s A Territorial Tax System?

Because of rapid changes in technology and communications, capital and labor, and many other assets like intellectual property have become easier to move across national borders. In today’s global economy, these types of mobile assets are far more responsive to comparatively high tax rates than ever before.  This has had profound implications for international tax […]

Hatch Announces Executive Session to Consider Treasury Assistant Secretary for Tax Policy

WASHINGTON – Senate Finance Committee Chairman Orrin Hatch (R-Utah) today announced the committee will mark up the nomination of the U.S. Treasury Assistant Secretary for Tax Policy during an executive session tomorrow, Thursday, July 20, at 10 a.m., in Room 215 of the Dirksen Senate Office Building.   The committee will consider the following nomination: David […]