Ron Wyden: “I believe strongly that the country needs a vigorous, proactive approach to identifying and remedying unfair trade…”

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.

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

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.