IRS Commissioner Pick Downplays Ties to Dubious Tax Credits (2)

Billy Long, President Donald Trump’s pick for IRS commissioner, Tuesday downplayed his involvement in selling tax credits that the Treasury Department and IRS have said don’t exist and indicated he would cooperate with any investigation into the credits.

Long, a former House member from Missouri, told lawmakers during a hearing before the Senate Finance Committee that his only involvement with nonexistent sovereign tribal tax credits was referring clients to Capitol Edge Strategies, a firm that advertises the credits on its website and paid him about $65,000, according to its ethics disclosures. He said he didn’t realize there were any ...