Thune Leads Effort to Permanently Repeal the Death Tax

WASHINGTON — U.S. Sen. John Thune (R-S.D.), ranking member of the Subcommittee on Taxation and Internal Revenue Service Oversight, today led 40 of his Senate colleagues, including Republican Leader Mitch McConnell (R-Ky.) and Mike Crapo (R-Idaho), ranking member of the Senate Finance Committee, in reintroducing legislation to permanently repeal the federal... Continue Reading

Thune: President’s Budget Priorities are Dead Wrong

Click here to watch the video.  WASHINGTON — U.S. Sen. John Thune (R-S.D.) today spoke at the Senate Republican Conference weekly press conference about how President Biden’s budget request would spend too much, tax too much, and fail to make the necessary investments in our national security. Thune’s remarks below:... Continue Reading

Thune: The IRS Refuses to Answer the $80 Billion Question

Click here to watch the video.  WASHINGTON — U.S. Sen. John Thune (R-S.D.) today criticized the Internal Revenue Service (IRS) for blowing past the deadline to provide a detailed report on how the agency intends to use the unprecedented $80 billion in new funding that Democrats provided the agency last August... Continue Reading

Thune, Cassidy Introduce the Stop Reckless Student Loan Actions Act

WASHINGTON — U.S. Sens. John Thune (R-S.D.) and Bill Cassidy, M.D. (R-La.), ranking member of the Senate Committee on Health, Education, Labor, and Pensions, today reintroduced the Stop Reckless Student Loan Actions Act. The legislation would end President Biden’s untargeted, budget-busting suspension of repayments on qualifying federal student loans. The... Continue Reading

Thune Highlights Importance of Committee Assignments for 118th Congress

Click here to watch the video. WASHINGTON — U.S. Sen. John Thune (R-S.D.) today spoke on the Senate floor about being selected to serve on the Senate Committee on Agriculture, Nutrition, and Forestry; the Senate Finance Committee; and the Senate Committee on Commerce, Science, and Transportation. Thune also discussed his resolution... Continue Reading

Thune Questions IRS’ Handling of Private Taxpayer Information, Calls for Better Customer Service for South Dakotans

Click here to watch the video. U.S. Sen. John Thune (R-S.D.), ranking member of the Subcommittee on Taxation and IRS Oversight, which has jurisdiction over tax and other revenue measures, today questioned Internal Revenue Service (IRS) Commissioner Charles Rettig at a hearing on President Biden’s fiscal year 2023 budget and the 2022 tax filing... Continue Reading

Thune, Daines, McConnell, Crapo Lead Entire Senate Republican Caucus in Urging Biden Administration to Drop Step-Up In Basis Tax-Hike Proposal

U.S. Sens. John Thune (R-S.D.), Steve Daines (R-Mont.), and Mike Crapo (R-Idaho), members of the tax-writing Senate Finance Committee, and Mitch McConnell (R-Ky.) today led the entire Senate Republican caucus in urging President Biden to abandon his effort to impose a capital gains tax increase on family-owned businesses, farms, and ranches. Repealing this part... Continue Reading

Thune: Democrats’ Tax Hikes Would Crush Economic Recovery and Punish Working Americans

U.S. Sen. John Thune (R-S.D.) today spoke out against President Biden’s proposed tax hikes, which would be detrimental to the American economy as it continues to recover from the COVID-19 pandemic. Thune warned that Democrats’ tax increases would cause working Americans to suffer the most and put American businesses at... Continue Reading

Thune Joins Colleagues in Introducing Legislation to Block Taxpayer-Funded Gun Registries Lawmakers Offer ‘GRIP Act’ in Continued Effort to Protect Gun Owners’ Privacy Rights

U.S. Sen. John Thune (R-S.D.) today joined Sen. Cindy Hyde-Smith (R-Miss.) and U.S. Rep. Paul A. Gosar, D.D.S. (R-Ariz.) in introducing the Gun-owner Registration Information Protection Act (GRIP Act) to prohibit states, localities, or any other organization from using federal funding to maintain gun registries. The GRIP Act would clarify... Continue Reading

Thune Leads Colleagues in Reintroducing Bicameral Legislation to Permanently Repeal the Death Tax

U.S. Sen. John Thune (R-S.D.), a member of the tax-writing Senate Finance Committee, joined Senate Republican Leader Mitch McConnell (R-Ky.), Sen. Mike Crapo (R-Idaho), ranking member of the Senate Finance Committee, and dozens of his Senate colleagues in reintroducing legislation to permanently repeal the federal estate tax, more commonly known... Continue Reading

Thune Introduces Amendment to Relieve Mobile and Remote Workers of Unfair Tax Burdens Caused by the COVID-19 Pandemic

U.S. Sen. John Thune (R-S.D.), a member of the Senate Finance Committee, today introduced an amendment to the budget resolution that would provide Congress a means to better protect mobile and remote workers from unfair tax burdens caused by the COVID-19 pandemic. “Doctors and nurses who voluntarily crossed state lines to help... Continue Reading

Thune, Brown Introduce Bill to Relieve Mobile and Remote Workers of Unfair Tax Burdens Caused by the COVID-19 Pandemic

U.S. Sens. John Thune (R-S.D.), chairman of the Senate Finance Subcommittee on Taxation and IRS Oversight, and Sherrod Brown (D-Ohio), a senior member of the Senate Finance Committee, today introduced the Remote and Mobile Worker Relief Act (S. 3995), bipartisan legislation that would ensure that medical professionals from around the country who supported areas... Continue Reading