Tax Foundation honors Hatch

Thursday , September 05, 2013 - 9:18 AM

Contributed, Standard-Examiner

WASHINGTON — The Tax Foundation has announced that the recipients of its 2013 Distinguished Service Awards will be Senators Max Baucus, D-Mont., and Orrin Hatch, R-Utah.

The awards will be presented during the Tax Foundation’s 76th Anniversary Dinner and Gala Nov. 21 at the Mayflower Renaissance Hotel in Washington, D.C.

“We’re excited to be honoring award recipients who have been committed to smart tax policy and bipartisan reform for so many years,” said Tax Foundation President Scott Hodge. “Both Baucus and Hatch have worked tirelessly with their fellow senators and with their colleagues in the House to significantly improve the federal tax system. Their distinguished careers serve as an impressive example to a new generation of lawmakers.”

Since 1941, the Tax Foundation has awarded the Distinguished Service Award to a wide range of tax professionals, elected officials, and business leaders. Former recipients include House Ways and Means Committee Chairman Dave Camp, Eli Lilly Chairman and CEO Sidney Taurel, Treasury Secretary James A. Baker III, Caterpillar CEO Jim Owens, Federal Reserve Chairman Paul Volcker, and President Dwight D. Eisenhower.

Baucus is chairman of the Senate Finance Committee. According to the foundation, Baucus has long been a leader in bipartisan tax reform negotiations, and has most recently partnered with House Ways and Means Committee Chairman Dave Camp to build public support a comprehensive reform effort. “Max and Dave” hosted a high-profile series of public events this summer at locations across the country, as well as promoting reform ideas online at taxreform.gov.

Hatch is member of the Senate Finance Committee. Hatch, along with Baucus, rewrote the game book for major tax reform earlier this year by endorsing a “blank slate” approach, in which legislators would assume all current credits, deductions, and exemptions in the tax code would be eliminated unless justified on their existing merits, the foundation said. Hatch was formerly chairman of both the Senate Judiciary and Labor and Human Resources Committees.

The Tax Foundation is a nonpartisan research organization that has monitored fiscal policy at the federal, state and local levels since 1937.



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