ICBA testifying amid renewed IRS reporting push

While ICBA urges community bankers to renew their opposition to Washington’s IRS reporting proposal by calling lawmakers and urging consumer outreach, ICBA Chairman Robert Fisher is set to testify today on why tweaks to the plan won’t quell the opposition. 

Roundtable: Fisher is set to appear at a House Ways and Means Committee roundtable at 11 a.m. (Eastern time) today on the harmful consequences of the IRS plan and why policymakers must reject it outright. 

Grassroots: With policymakers attempting to tweak the IRS proposal to quell the widespread backlash, ICBA is encouraging community bankers to call their members of Congress in opposition and continue using customizable email and social media content to urge consumers to call lawmakers. 

Calls Critical: ICBA Director of Advocacy Jack Coleman notes in a new blog post that phone calls to congressional offices are four times more effective than letters—making them particularly vital as Congress works to slip a modified IRS plan into the reconciliation package.