WASHINGTON, April 22 -- Sen. Ron Wyden issued the following press release:
Senator Ron Wyden, D-Ore., today slammed the Trump administration for its schemes to give big businesses and ultra-wealthy Americans the green light to avoid reporting their taxes, which will prevent Internal Revenue Service auditors from spotting abusive transactions in wealthy businesses organized as partnerships.
"Removing this reporting requirement will enable tax dodging by some of the wealthiest Americans, further tilting our tax code in favor of the rich and powerful," wrote Wyden, ranking member of the Senate Finance Committee, and several Democratic colleagues to Treasury Secretary Scott Bessent and Assistant Secretary for Tax Policy Kenneth Kies.
Big bus...