Wyden Unveils Bills Closing Loopholes Allowing Wealthy Investors and Mega-Corporations to Abuse Partnerships to Dodge Taxes

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today introduced a pair of proposals, the Preventing Abusive Routine Tax Nonsense Enabled by Rip-offs, Shelters, and Havens and Instead Promoting Simplicity Act (PARTNERSHIPS Act) and the Basis Shifting is a Rip-off Act, to close loopholes that allow wealthy investors and mega-corporations to abuse […]

Wyden, Ocasio-Cortez Demand Answers from Palantir About Plans to Build IRS “Mega-Database” of American Citizens

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., and Representative Alexandria Ocasio-Cortez, D-N.Y., and eight other Members of Congress today questioned Palantir about reports that Palantir is helping the IRS to build a government-wide, searchable, “mega-database,” connecting sensitive tax and other data the government holds about American citizens. Building such a database […]

Wyden, Senate Democrats Announce Legislation to Improve Medicaid for Kids, Seniors, and Families While Cracking Down on Fraud

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today led a dozen Senate Democrats as they released legislative proposals to strengthen and invest in the Medicaid program for children, seniors, Americans with disabilities and working families, as well as draft legislation to boost federal anti-fraud initiatives. “The Republican bill is rotten to […]

Wyden, Warner, Warnock, Welch Introduce Crackdown on “Round-Tripping” International Tax Loophole

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) and committee members Mark Warner (D-Va.), Reverend Raphael Warnock (D-Ga.), and Peter Welch (D-Vt.) today introduced the Close the Round-Tripping Loophole Act to close an egregious international corporate tax loophole known as “round-tripping” that Republicans and the Trump administration blessed in their 2017 tax […]

Wyden Blasts Lax FBI Background Check of IRS Nominee Billy Long, Sounds Alarm over Court Documents Implicating Long in Major Bribery Conspiracy

Washington, D.C. – In a letter sent Tuesday to White House Chief of Staff Susan Wiles, Senate Finance Committee Ranking Member Ron Wyden (D-Ore.) blasted the FBI’s background check of IRS nominee Billy Long as either irresponsibly inadequate or a deliberate whitewash. Senator Wyden cited the FBI’s apparent failure to investigate several matters of public […]

Wyden-Grassley Report Exposes How Organ Procurement Organizations Game the System, Fail to Adequately Address Conflicts of Interest

Washington, D.C. – Senator Ron Wyden (D-Ore.), ranking member of the Senate Finance Committee, and Senator Chuck Grassley (R-Iowa), a senior member and former chairman of the Senate Finance Committee, released the results of their bipartisan investigation into nonprofit Organ Procurement Organizations (OPO), which are responsible for obtaining donated organs for transplant and research in the […]