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Daniel David Rostenkowski, 1928-2010

August 11, 2010

Dan Rostenkowski, the chairman of the House Ways and Means Committee from 1981 to 1994, passed away on Wednesday, Aug. 11.

Dan-Rostenkowski

Although his career ended in disgrace when he went to federal prison on corruption charges (he later was pardoned), the Illinois lawmaker also is remembered by many as a consummate Congressman.

The quintessential Democrat also was a pragmatic politician. Rostenkowski believed in compromise and as head of the House tax-writing committee, he worked with Republican Pres. Ronald Reagan to shepherd the 1986 tax reform act into law.



I was in D.C. then, working for a Representative who was on the Ways and Means Committee, so the 1986 Act was a major part of my life. To this day I view "historic" as part of the official title of the tax bill, which lowered rates and eliminated numerous loopholes.

The description applies as much to the changes made to the Internal Revenue Code as to the way Capitol Hill, thanks to members of Congress like Rostenkowski, worked together across party lines to achieve real and beneficial change to our tax system.

Another tax blogger, Daniel Shaviro who pens Start Making Sense, also was in the nation's capital then and remembers the late W&M Chairman this way:

"I was on the Joint Committee of Taxation staff for the 1986 Tax Reform Act, during Rosty's tenure. Whatever else one says about him at any other point in his career, at that time I observed him to be a true statesman and leader. (And I speak as one who is extremely hard to please, when it comes to political figures.)"

When asked how he'd like to be remembered, Rostenkowski said, "I think the epitaph I'd like to see, even on my gravestone, would be, 'He wrote good law. That it was fair.'"

R.I.P. Rosty.

You can read more on Rostenkowski and his passing in the following publications (thanks to TaxProf Blog for rounding up the links):

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TO WRAP UP 2026

It’s over! With October’s extended filing deadline behind us, it is now time to focus on year-end moves to reduce your 2026 tax bill. 

You’ll find ways to do just that on the Tax Tips page (see the More Tax Posts drop-down menu at the top of the blog), as well as the separate tax tip pages for each month, notably October through December. If you’re on the Tax Tips page, you’ll find a monthly list at the end of this column. If you’re on another blog page, you can head straight to the October tips; at the bottom of that tips page you’ll find links to all the other 11 months’ collections of tax advice.

Not to spoil what you’ll find in that tax advice, but it does cover such things as tax deductions for charitable donations, investment moves that could reduce tax due, and ways to max out your tax-favored retirement savings. 

Finally, as the year winds down, things get hectic. There are lots of other things to occupy our time, like the much more fun upcoming holidays. But don’t lose sight of taxes, since timing is key. To be of use, most tax moves must be made by the end of the tax year. That’s Thursday, Dec. 31, which also is the last business day of the year. 

So that you don’t miss that final tax year deadline, also keep an eye on the countdown clock below. It will keep you on top of just how much time is left to make important, tax-saving moves. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

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