Wyden Announces Bill to Crack Down on High-Income Tax Avoidance

Wyden Announces Bill to Crack Down on High-Income Tax Avoidance

U.S. Senate

U.S. Senate Finance Committee

Senate Finance Committee Chair Ron Wyden, D-Ore., introduced draft legislation that “reduces complexity by closing loopholes” concerning partnerships and other passthroughs that help high-income individuals and corporations avoid taxes, and which would raise $172 billion without increasing taxes.

Senate Finance Committee Chair Ron Wyden, D-Ore., introduced draft legislation that “reduces complexity by closing loopholes” concerning partnerships and other passthroughs that help high-income individuals and corporations avoid taxes, and which would raise $172 billion without increasing taxes.

Senate Finance Committee Chair Ron Wyden, D-Ore., introduced <a href="/lr/resolve//783vp">draft legislation</a> that “reduces complexity by closing loopholes” concerning partnerships and other passthroughs that help high-income individuals and corporations avoid taxes, and which would raise $172 billion without increasing taxes.