Tag: Sen. John Thune

IRS Audits Will Impact Small, Midsize Businesses, Expert Testifies

The Biden administration’s assurances that there will be no expanded tax audits on businesses and households making less than $400,000 per year applies to “total positive” income without losses, according to testimony before the Senate Finance Committee. Chris Edwards of the CATO Institute testified before the committee on May 16 on the issue of the…


Thune Beats Conservative Challengers in South Dakota Senate Race

SIOUX FALLS, South Dakota–Sen. John Thune (R-S.D.) won the Republican primary on his way to an all-but-assured fourth term in the U.S. Senate on June 7, beating out two ultra-conservative candidates. Thune, U.S. Senate Minority Whip, edged out two conservative Republican candidates, Bruce Whalen and Mark Mowry. “I want to thank Republicans in South Dakota for…