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Tax Day Highlights America’s “Crazy” Tax Code

Alaskan Impact: Not only is today Tax Day, it is also Tax Freedom Day, meaning the average American works until today to earn enough to cover their yearly tax bill. (Without state taxes, Alaskans work until April 5th to hit this point.)  While different policies have come to the Senate floor pushing a piecemeal approach to taxes, today the Joint Economic Committee discussed how comprehensive tax reform is needed – a point Senator Murkowski made to Alaskans during her Economic Town Halls last fall.

6:00am AKDT

Joint Economic Committee Hearing

Topic: “Impact of Taxation on Growth and Employment”

Testimony from:

  • Kevin Hassett, American Enterprise Institute
  • Jane Gravelle, Congressional Research Service's Government and Finance Division

Watch the entire hearing online: http://1.usa.gov/HSWOMJ

Kevin Hassett: America’s tax code “stupid”, “crazy” and “fixable.”

U.S. Senate Events 

Funding Support for Alaska’s Fisheries

Alaskan Impact: Today the Senate Appropriations CJS Subcommittee will work on the 2013 Commerce, Justice, and Science budget – including NOAA, which oversees more than 840,000 square nautical miles of Alaska’s coast. Senator Murkowski will also have a chance to suggest a possible Justice Dept. study on  reducing prosecutorial misconduct, which came to light when Senator Stevens’ trial report was released.

10:30am AKDT

Commerce, Justice, Science Appropriations Subcommittee Markup

Topic: “Markup of the FY13 Commerce, Justice, Science Appropriations bill”

Watch the entire hearing online: http://1.usa.gov/jaYAdc

House of Representatives Events

All of the Above Energy Policy

Alaskan Impact: Republicans in the House are charging out of the gate after Easter recess with two hearings today on ways to address high gasoline prices and the jobs and revenue potential in developing America’s unconventional oil resources.

6:00am AKDT

House Energy and Commerce Committee Hearing

Topic: “Gasoline Regulations Act/Strategic Energy Production Act”

Background information on hearing: http://1.usa.gov/HP22gt

6:00am AKDT

House Science, Space, and Technology Committee Hearing

Topic: “Tapping into America’s Unconventional Oil Resoures”

Testimony from:

  • Andrew Slaughter, chair of the Resource and Supply Task Group
  • Karen Harbert, U.S. Chamber of Commerce
  • Michelle Michot Foss, Center for Energy Economics

Watch the entire hearing online: http://1.usa.gov/J79EFK

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