Tax Reform
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Statement of Congressman Danny K. Davis
Human Resources Subcommittee Hearing "the Geography of Poverty"
The House Ways and Means Committee
February 15, 2017
Statement of Congressman Danny K Davis
Ranking Member, Human Resources Subcommitee on the House Ways and Means Commiteee
Hearing on the Geography of Poverty
Wedensday, February 15, 2017
Ways and Means Subcommittee on Human Resources Hearing
Today, Chairman Smith and I (Ranking Member) held a hearing on the “Geography of Poverty.”
This one-year, retroactive extension is not ideal. It is simply a band-aid for the 2014 tax year and does nothing to provide certainty to individuals and businesses for 2015. My constituent, Mary Joe, still will not know whether she can give money from her IRA to a Chicago charity without tax liability in 2015, nor does my constituent, Henry, know if he can receive an enhanced tax benefit for donating food items to charity in 2015.
Congressman Danny K. Davis (D-IL07) released the following statement today:
"I am pleased to note that Chairman Dave Camp has released a proposed tax reform bill which will generate serious discussion and debate around taxation. The proposed legislation has several features with which I agree, others with which I disagree, and some of which I am uncertain about."