Dear Chairman Crapo and Ranking Member Brown: I am writing to urge the Committee to include the bipartisan Flood Insurance Market Parity and Modernization Act in any reauthorization bill. This bill, which passed the House 419-0 last year and recently passed out of the House Financial Services Committee unanimously is needed to clarify that consumers […]
This op-ed, published in the Miami Herald and written by Alan Daley, discusses a costly trend that is pushing up Florida’s homeowner premiums — “assignment of benefits” contractor fraud. The piece can be read and printed at the Miami Herald — http://www.miamiherald.com/opinion/letters-to-the-editor/article161321238.html.
Alan Daley wrote an op-ed cautioning the development of tax reforms that needlessly tax some services, like reinsurance. Such taxes would needlessly raise consumer prices without offsetting or adjusting any international taxes. His piece can be read at the Naples Daily News. Use Caution in Tax Reform Tax reform could provide a much-needed boost to […]
As Congress and the new Administration work on the new federal budget, there will be a heavy focus on creating the right conditions for generating economic growth and protecting taxpayers. Achieving these goals will stand to produce positive ripple effects across critical domestic markets and affect overall consumer well-being. Two of the primary avenues Congress […]
Twelve groups — including the National Wildlife Federation, R-Street Institute, National Housing Conference and American Rivers — sent a letter to the Financial Services Committee urging support for various efforts to reform the National Flood Insurance Program, which is currently over $20 billion in debt. The letter is available online.
In a breathtaking display of economic arrogance, California is considering a health care program that would appoint the state as a single payer which offers health care coverage to everyone in the state – young, old, lawful resident or not. Presumably, the plan designers have worked overtime at including every imaginable health intervention, all at […]
The Border Adjustment on corporate federal taxes is part of a large proposed revamp to the tax code. The purpose of the package is to stimulate US production and exports, increase employment within US goods-producing industries, and come closer to a balance of federal revenues and expenditures. The overall tax package will shift the emphasis […]
Today, a large group of nonprofit and taxpayer advocates submitted a letter to members of Congress urging them to promote the availability of private flood insurance as an alternative to the National Flood Insurance Program (NFIP). The current government program is $25 billion in the red. Allowing the private sector to provide these services to […]
At first glance, President Trump’s tax-cut plan has merit. It proposes lowering corporate and individual tax rates to stimulate economic growth. The plan calls for repatriating income held overseas by U.S. corporations, which will bring an influx of trillions of dollars of new capital into the country. In addition, the plan may allow businesses to […]
Twenty groups signed onto a letter to the U.S. Congress in strong support of a bill that promotes economic growth, eliminates harmful regulations and provides helpful oversight in the financial services market. The letter is available online.