A score under 50 is red. Choose a measurement to see where it lost points and why; choose it again to clear.
Procedure 6%Claims 68%Thanks 26%
This view breaks the statement into its steps and names what each one does.
Mr. Speaker, Procedure · 9 wordsI yield myself such time as I may consume.ProcedureMr. Speaker, Claims · 138 wordsI rise today in support of H.R.9500, the Tax Relief for Fraud Victims Act, introduced by Representative Miller of Ohio.1Many of our fellow Americans have been the victims of fraud and suffered tremendous losses, both financial and otherwise.The hardship these victims endure in rebuilding their finances or recovering from identity theft is made all the worse by the fact that under current law they are also required to pay taxes on their scam-related losses.2This legislation provides much-needed relief for victims of fraud by allowing taxpayers to deduct the losses related to the fraud scheme that stole from them.3Moreover, it recognizes that not all crimes are discovered at the time that they occur.The bill gives taxpayers more time to amend previous tax returns in order to receive credits and refunds on their losses.4Thanks · 65 wordsI appreciate Representative Miller’s tireless efforts to not only combat fraud and punish the bad actors who scam taxpayers but to go the extra mile and find solutions for the victims of such fraud so that they are not penalized by the IRS.Lastly, I must mention the valuable input that our Ways and Means colleagues, Representatives Steube and Panetta, had in crafting this legislation.ThanksClaims · 33 wordsDuring its markup, we agreed to work together to improve the underlying policy to allow for retroactive deductibility of fraud- related losses.5Vague promiseI am pleased that this bill reflects that additional bipartisan approach.Mr. Speaker, Procedure · 7 wordsI reserve the balance of my time.Procedure