Billy Long, President Donald Trump’s nominee for IRS commissioner, minimized his role in selling tax credits that the Treasury Department and IRS claim do not exist and expressed a willingness to cooperate with any investigation into the matter.
During a Senate Finance Committee hearing, the former Missouri congressman said his role in the promotion of unfounded sovereign tribal tax credits was limited to directing people to Capitol Edge Strategies, a firm that, according to ethics filings, paid him roughly $65,000 and marketed the credits online. Long maintained he was unaware the credits were problematic at the time.
In response to an inquiry from Senate Democrats, the IRS informed lawmakers that the tax credits in question do not exist. “We can confirm that these tax credits do
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