Post by Admin on Feb 6, 2014 21:41:06 GMT
With Senate Finance Chair, Max Baucus (D-MT), having been confirmation as the U.S. Ambassador to China, Senator Ron Wyden (D-OR) is set to take over the chairmanship. In the last few years under Baucus, Senate Finance has remained unmoved on any sort of comprehensive tax reform. However, Wyden appears to be the person to give the committee a much needed jump-start on this key issue in the coming year.
Since much of Wyden’s recent legislation focused on protecting American taxpayers, as well as creating jobs, it would seem like the logical decision for him to adopt some sort of stance in favor of estate tax reform. The ASSET solution for simplifying the collection of the estate tax is definitely one that Wyden should consider adopting as the new chair of Senate Finance. Do you agree?
Since much of Wyden’s recent legislation focused on protecting American taxpayers, as well as creating jobs, it would seem like the logical decision for him to adopt some sort of stance in favor of estate tax reform. The ASSET solution for simplifying the collection of the estate tax is definitely one that Wyden should consider adopting as the new chair of Senate Finance. Do you agree?