CAPITO STATEMENT ON IRS DECISION TO AGAIN DELAY REPORTING THRESHOLD REQUIREMENT
Press Release
Issues: Taxes
"This very provision was included in the American Rescue Plan that was passed with only Democrat support. Republican efforts to repeal these new requirements have been ignored by my Democrat colleagues until they realized the massive complications that would ensue during tax filing season. However, this is now the second time they have delayed implementation, which only leads to uncertainty for taxpayers. While I was glad to push for a Congressionally mandated one-year delay, I remain concerned about what authority the IRS has to enforce their delay and will continue working to find a lasting solution. My Democrat colleagues need to take responsibility for their mistake and take real action to fix it."
Source