Ron Wyden: “The information in the ProPublica report depicts a tax system in which the wealthiest people in the Nation pay…”

The proposed rule is clear regulatory overreach that would have disastrous impacts for lawfully present immigrants and their families who are legally eligible for refundable tax credits.

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

This is another desperate attempt by a failed president to escape Americans’ revulsion with his failed agenda, amounting to one tank of Trump-inflated gas.

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.