Senate Finance Committee Chairman Ron Wyden (D-Ore.) and Ranking Member
Orrin Hatch (R-Utah) recently signaled their continued commitment to
overhauling the federal tax code through comprehensive reform. As part of the effort, the Committee leaders
announced their plans to begin a series of hearings this summer to examine
several issue areas that would be part of an updated and effective tax
code. A hearing on education tax
incentives is slated for June. In July,
hearings on modernizing corporate taxation and ID theft and taxpayer privacy
protection are scheduled.
In a joint statement, Sens. Wyden and Hatch state,
“…comprehensive tax reform is our ultimate objective, and we are committed to
using these hearings as the building blocks to that goal.” In addition to tax reform, the Senators have
also committed to continue to seek innovative ways to address the exhausted
Highway Trust Fund.
Call to Action: Protect Municipal Bonds Presentation
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