On the floor Wednesday, Senate Finance Chairman Max Baucus (D-MT) declared that the “actions of the IRS are unacceptable and people will be held accountable.”
He wondered if the issue suggests a need to reform the tax code — a project he has been pursuing with House Ways and Means Committee Chairman Dave Camp (R-MI):
There is another important question that needs to be asked: Is there a fault in the tax code that may have contributed to the IRS taking such unacceptable steps? Do we need a better definition of what organizations qualify for tax exemptions? Do we need to revisit the role tax-exempt organizations play in our political system? What part of the tax code has to change for us to guarantee this overreach never happens again? There are many more questions.
This will be an issue we delve into in tax reform. Clearly something is amiss for the IRS to behave the way it did.
