Ron Wyden: “Cutting back the SALT deduction makes it more difficult for local governments to raise new revenues.”

These unsung heroes deserve recognition for their tireless efforts to keep our communities safe and healthy, and I’m honored to be leading this effort in Congress.

Turning the 1040 into an immigration tracker actively sabotages voluntary tax compliance and undermines the IRS’s core tax collection responsibilities.

This throws doubt upon Treasury’s interpretation of many provisions of the Code, creates a great deal of uncertainty in the administration of our tax laws, and could balloon the deficit.

This interpretation is wildly inconsistent with the longstanding treatment of other provisions that use identical or near-identical language.