Tea Party Patriots Citizens Fund Applauds OMB-Treasury Agreement Regarding Review of Tax Regulations
Atlanta, GA – Tea Party Patriots Citizens Fund Chairman Jenny Beth Martin released the following statement today, reacting to reports that OMB and Treasury reached an agreement for OMB to review all proposed tax regulations from Treasury and the IRS. Chairman Martin called on the White House to ensure OMB review of Treasury and IRS tax regulations in a column for The Hill back in January of this year.
“We applaud President Trump and OMB Director Mick Mulvaney for restoring regulatory oversight for tax rules coming from the Treasury Department and the IRS. For more than three decades, the IRS has evaded the kind of standard oversight of its rule-making process that applies to every other federal agency. Bringing its rule-making process back into the OIRA orbit, where it should have been all along, will ensure that Treasury’s rule-making is subject to the proper constraints.”