Veterans day as we thank those who served us in the past and continue to serve us today im becky quick along with joe kernen along with Andrew Ross Sorkin things are in the green once again. Looks like the dow is indicated up by about 181 points and if we were to open at these levels and hold it through the session, you would be looking at the dow closing at a record high it has been up six out of the last seven sessions. Up another 626 points yesterday. Dow futures are up, s p futures up by about 26 and then the nasdaq, which has been the weaker part over the last several sessions, down more 1 , actually indicated higher today as well. Up by about 130. The bond market today the is closed in ob sservance of veters day. Well talk with David Petraeus later this morning andrew thanks. And an important day in the United States of course. But there is also a holiday going on in china, very different kind of holiday, made up of a shopping a made up shopping holiday i should say called single
Florida. I think you drove from orlando. Thats impressive. Thank you very much for your determination to be here. I know it wasnt easy. Let me pause for a moment to thank all our first responders, local government officials and Community Members who stepped up and responded to the Hurricane Irma in my home state of florida. It is impressive to see everyone working together. Im confident we will continue to Work Together in the aftermath of the storm as well. Todays hearing is another important step in the process of considering forms to the irs. I have stated previously i do not view this effort as an opportunity to degrade or discredit the good work being done by irs employees. However, im a big believer in continuous improvement. Thats been my philosophy in business. We can always get better. Government like business we should always be looking ways to improve. A system of voluntary tax compliant, even with the simplest of tax codes, there are bound to be disputed. What we hope to le
Nd the process is failing. Individuals and Small Businesses should not have to weigh the cost of hiring outside help against paying the assessment. The only interaction with the i. R. S. Is when they file their taxes. When the taxpayers dont find themselves in a dispute and fair and prompt process. I look forward to working with the Ranking Member and to the hearing from our witnesses as we continue to examine reforms. I yield to the distinguished Ranking Member, mr. Lewis, for the purpose of an opening statement. Mr. Lewis thank you, mr. Chairman for holding this aring involving taxpayers dispute. I welcome you back to washington, mr. Chairman and on behalf of the citizens of georgia and especially the citizens of the 5th district, we are able to welcome hundreds and thousands of people from florida. I went into a parking lot in andtown atlanta on saturday there were so many cars from florida and people were walking their dogs in the parks. Were neighbors. Ms. Wilsonto welcome. I have
Cspans q and a. A former irs commissioner and Taxpayer Advocates discuss shortcomings in the appeals system. This is an hour and 15 minutes. Welcome to the ways and means subcommittee hearing on irs reform resolving taxpayer disputes. Before i begin my official statement, i would like to recognize the extraordinary effort of two of our Witnesses Today that made it up here from florida. I think you drove from orlando, so thats pretty impressive. Both mr. Shin and ms. Wilson came from the great state of florida. Thank you very much for your determination to be here. I know it wasnt easy. Let me pause for a moment to thank all our first responders, local government officials and community members. We stepd up and responded to the hurricane irmaane my home state of florida. It is impressive to see everyone working together. Im confident we will continue to Work Together in the aftermath of the storm as well. Todays hearing is another important step in the process of considering reforms to
Senator brian men nmenendez. Friday night at 8 00 eastern on cspans q and a. A former irs commissioner and Taxpayer Advocates discuss shortcomings in the appeals system. This is an hour and 15 minutes. Welcome to the ways and means subcommittee hearing on irs reform resolving taxpayer disputes. Before i begin my official statement, i would like to recognize the extraordinary effort of two of our Witnesses Today that made it up here from florida. I think you drove from orlando, so thats pretty impressive. Both mr. Shin and ms. Wilson came from the great state of florida. Thank you very much for your determination to be here. I know it wasnt easy. Let me pause for a moment to thank all our first responders, local government officials and community members. We stepd up and responded to the hurricane irmaane my home state of florida. It is impressive to see everyone working together. Im confident we will continue to Work Together in the aftermath of the storm as well. Todays hearing is ano