Press Releases

Ways and Means Committee Ranking Member Richard E. Neal (D-MA) released the following statement after the U.S. Supreme Court ruled that the 2017 mandatory repatriation tax is constitutional:

“While I have disagreed with the Supreme Court on many issues in the recent past, today’s opinion upholding the repatriation tax recognizes the gravity of this case and rightfully recognizes the flimsy arguments put forth by the taxpayers. In doing so, the Court ensured that our tax system would continue to function as it has for nearly a century while declining to give in to the chaos and confusion sowed by partisan advocacy groups, and wreaking havoc on our tax code.  

“This passage in the opinion says it best:

‘And those tax provisions, if suddenly eliminated, would deprive the U.S. Government and the American people of trillions in lost tax revenue. The logical implications of the Moores’ theory would therefore require Congress to either drastically cut critical national programs or significantly increase taxes on the remaining sources available to it—including, of course, on ordinary Americans. The Constitution does not require that fiscal calamity.’

“My staff and I continue to review the text of the decision for any nuance contained therewithin, and I look forward to hearing from tax and constitutional law experts regarding any potential impacts they believe the Court’s ruling may hold.”

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