There is a sense that it is just a back-door plan to hike taxes.
Ron Wyden: “There is a sense that it is just a back-door plan to hike taxes.”
Editor's note · Context
Wyden expresses concerns about the VAT being perceived as a tax increase.
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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 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.
Turning the 1040 into an immigration tracker actively sabotages voluntary tax compliance and undermines the IRS’s core tax collection responsibilities.





