May 21, 2025, 12:36 PM
May 20, 2025, 12:00 AM

Billy Long faces backlash over dubious tax ties during IRS nomination hearing

Highlights
  • Billy Long, the nominee for IRS Commissioner, was questioned by senators regarding his previous support of controversial tax breaks.
  • Democratic senators expressed concerns about Long's connection to a firm involved in dubious tax credits and potential influence over IRS audits.
  • If confirmed, Long's leadership could signify significant changes for the IRS, amidst ongoing calls for reform and scrutiny of political influences.
Story

In the United States, on May 20, 2025, Billy Long, nominated to lead the IRS by President Donald Trump, attended a Senate Finance Committee hearing. During the session, senators focused on Long's past involvement with questionable tax credits and his perceived lack of qualifications for the role. Notably, Democratic senator Elizabeth Warren questioned Long about the legality of presidential influence over taxpayer audits and whether Trump could eliminate the tax-exempt status of institutions like Harvard University. Long emphasized that he would adhere to the law and would seek legal guidance for complex issues. As the hearing progressed, Democratic senators expressed severe concerns about Long's nominations, particularly highlighting his connections to a firm pushing a controversial pandemic-era tax credit that has faced legal challenges. Senators accused his affiliated firms, such as White River Energy Corp., of misleading investors into purchasing fraudulent tax credits, prompting calls for a criminal investigation into Long’s financial dealings after his nomination. Republican members, however, showed support for Long, with committee chair Mike Crapo expressing confidence in his ability to provide transparency. Long asserted his commitment to avoiding politicization of the IRS, a central theme during questioning regarding the agency's integrity and operational independence. With the IRS needing substantial reform, Long claimed that his experience as a former congressman would enable him to make significant improvements. If confirmed, he would take over the role with the potential for sweeping changes in how the agency operates. The IRS has been in turmoil in recent years, experiencing leadership instability and employee losses due to budget cuts. After several acting commissioners, the IRS awaits a confirmed leader, with Long’s appointment representing a pivotal shift for an agency dedicated to tax collection and enforcement. The controversy surrounding his nomination highlights the contentious political atmosphere concerning executive influence over vital government functions, particularly regarding financial oversight and taxpayer rights.

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