This upcoming Sunday, the people of Venezuela will hold an election that, if legitimate, would put an end to years of the oppressive Maduro narco-regime. U.S. Senator Marco Rubio (R-FL) issued a statement in support of the Venezuelan people: “The...
News
Latest News
Rubio: “La Tenacidad y Valentía del Pueblo venezolano Estarán a la Vista”
Este próximo domingo, el pueblo venezolano tendrá una elección que, de ser legítima, pondría fin a años de opresión por parte del narco-régimen de Maduro. El senador estadounidense Marco Rubio (R-FL) grabó un mensaje de video en español y emitió una declaración en...
Rubio, Scott, Colleagues to Biden Admin: No Privileges Should Be Given to 9/11 Terrorist
Twenty-three years ago, the United States was attacked by Islamic terrorists on September 11, 2001. Now, Zacarias Moussaoui, the only person convicted in a U.S. court for his role in the attack, has requested the U.S. Department of Justice to allow a prisoner transfer...
Next Week: Rubio Staff Hosts Mobile Office Hours
U.S. Senator Marco Rubio’s (R-FL) office will host virtual Mobile Office Hours next week to assist constituents with federal casework issues in their respective local communities. These office hours offer constituents who do not live close to one of Senator Rubio’s...
Rubio, Colleagues Introduce Ensuring Continuity in Veterans’ Health Act
As the U.S. Department of Veterans Affairs (VA) opens up new facilities, many veterans are losing access to the VA’s Community Care Program and, consequently, their long-term healthcare providers. Veterans throughout the country have reported a loss of care, including...
Rubio Introduces Bill to Strengthen U.S.-India Security Partnership
The U.S.-India partnership is vital to countering influences from Communist China. In order to strengthen this partnership, it is essential to enhance our strategic diplomatic, economic, and military relationship with New Delhi. U.S. Senator Marco Rubio (R-FL)...
Rubio, Davidson Reintroduce Legislation to Stop IRS Death Tax Overreach
Washington, D.C. – U.S. Senator Marco Rubio (R-FL) and U.S. Representative Warren Davidson (R-OH) today reintroduced in the Senate and the House the Protect Family Farms and Businesses Act, which would prevent Internal Revenue Service (IRS) bureaucrats from ignoring 25 years of tax precedent and unilaterally reinterpreting death tax law.
“I’m glad the incoming administration has signaled it intends to stop this terrible overreach from taking effect, because the Obama Administration’s attempt to unilaterally raise taxes on family farms, small businesses and entrepreneurs will kill jobs and hurt workers and their families,” said Rubio. “It’s important to deter the president from implementing these harmful rules during his final days in office and ensure future administrations do not seek to resurrect them.”
“As the Obama Administration has proven, when there are ambiguities in the law, those with radical agendas will take advantage of their power. This bill will protect families by preventing bureaucrats from overstepping their duty like they tried to do last year,” said Davidson.
On August 4, 2016, the Treasury Department proposed new rules that would change the way individuals calculate their death tax burden by making it nearly impossible for individuals to use well-accepted valuation discounts.
During the last Congress, Rubio and Davidson both introduced similar legislation that garnered 92 cosponsors in the House and 5 in the Senate. The bill was supported by numerous free market and business groups.
###