Tuesday, June 15, 2010

A Few Notes from Allyson Schwartz

Allyson Schwartz has a few announcements.

She is hosting a small business resource seminar on June 22nd. Register with her office.

She participated in a hearing on tax simplication, as part of the Ways & Means Committee. Here's a description:

Schwartz was an original co-sponsor of the Regulated Investment Company Modernization Act of 2009, which was introduced in December 2009 by then Ways and Means Committee Chairman Charles Rangel and Select Revenue Measures Subcommittee Chairman Richard Neal.

“The tax code’s tax provisions concerning regulated investment companies are antiquated and must be modernized in order to minimize difficulties for funds and investors,” Schwartz said. “By updating these provisions we will ultimately help consumers invest and save. Today’s hearing showed that the RIC Modernization Act will greatly help accomplish these important goals.”

Finally, you might want to sit down for this one, Schwartz and Rep. Michael E. McMahon (D-NY) were praised for introducing The Support Working Parents Act and their consistent commitment to working families. Who was throwing the party? Third Way, First Focus, and the American Enterprise Institute. If that last one seems a bit odd to be singling out Democratic congressional representatives for their work on a social issue, it is because AEI defines itself as:
The Institute's community of scholars is committed to expanding liberty, increasing individual opportunity, and strengthening free enterprise.

Wikipedia describes it as a conservative think tank. I was surprised by this one.

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