July 11, 2017 Finance Committee sets hearings on tax reform, Kautter nomination The Senate Finance Committee on July 11, 2017, announced a hearing on Tuesday, July 18 (at 9 a.m.) titled "Comprehensive Tax Reform: Prospects and Challenges," with testimony from former top tax officials at the Treasury Department, including current EY Co-Director of National Tax Eric Solomon. It will be followed (at 11 a.m.) by a hearing to consider the nomination of David Kautter, a former Director of National Tax at EY, to be Assistant Secretary of the Treasury for Tax Policy. The full witness list for the 9 a.m. hearing is: The Honorable Mark J. Mazur The Honorable Pamela F. Olson The Honorable Eric Solomon The Honorable Jonathan Talisman "As Congress and the administration work to examine the best ways to overhaul our nation's broken tax code, it's critical we gain the best possible insight from experts and stakeholders in the field," Chairman Orrin Hatch (R-UT) said in a hearing announcement. "By bringing together former Treasury Department Assistant Secretaries for Tax Policy, our committee will gain a better understanding of not only the challenges we face with a comprehensive tax overhaul, but also the significant benefits meaningful reforms would bring to the American people. This hearing will give committee members the opportunity to explore how Congress can tackle some of the tough decisions that need to be made and act to implement a simpler, fairer tax system that will better serve American individuals, families and job creators across the country." The White House's May announcement of Kautter's nomination noted that he "currently serves as Partner-in-Charge of the Washington National Tax practice for RSM, an audit, tax, and consulting services firm. He was also previously the Managing Director of the Kogod Tax Center and Executive-in-Residence at the Kogod School of Business at American University (AU). Prior to his work at AU, Mr. Kautter spent over 30 years at Ernst and Young, including serving as Director of National Tax for over 13 years. Mr. Kautter also worked on Capitol Hill as Tax Legislative Counsel for former Senator John C. Danforth of Missouri." "David Kautter's decades of experience as a tax counsel at one of the nation's leading accounting firms, professor at American University's business school and legislative director on Capitol Hill make him a well-rounded nominee to serve as U.S. Treasury Assistant Secretary for Tax Policy," Chairman Hatch said in a hearing announcement. "This hearing will provide members with the opportunity to learn first-hand how Mr. Kautter will work with Congress to advance pro-growth tax reform that will grow the economy, provide relief for middle-class families, and enhance America's competitiveness around the globe." ———————————————
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