Press Releases
Currently showing results related to Taxes
Wyden, Toomey’s Wireless Tax Fairness Act Protects Consumers and Promotes Wireless Phone and Internet Services as an Engine of Innovation
Washington, D.C. - Mobile technology is getting faster, smarter and more capable every year. The level and pace of innovation in the mobile wireless industry is unlike any other sector of the economy, but that innovation could be threatened by multiple and discriminatory taxes levied by state and local governments. In an effort to protect consumers from overbearing taxation and keep the mobile Internet as an innovation juggernaut, U.S. Senator Ron Wyden (D-Ore.) and Pat Toomey (R-Penn.) have … Continue Reading
March 15, 2012
Senators Seek Two-Year Extension of Wind-Energy Tax Credit
WASHINGTON - Senators Chuck Grassley, Mark Udall, Scott Brown, Tom Harkin, Dean Heller, Ron Wyden, and Michael Bennet today proposed a two-year extension of the wind energy production tax credit scheduled to expire at the end of the year. The bipartisan proposal would prevent a lapse in the credit. Without an extension, as many as 37,000 jobs nationwide could be lost. The senators hope to have the extension passed as quickly as possible in order to provide tax certainty for the renewable … Continue Reading
February 16, 2012
Wyden, Carper, Casey Self-Employment Assistance Bill Included in Payroll Tax Agreement
Washington, D.C. - In a victory for would-be entrepreneurs throughout the country, legislation to give unemployed Americans an opportunity to use their skills to build their own small businesses was included in the agreement on the payroll tax extension. Introduced by U.S. Senators Ron Wyden (D-Ore.), Tom Carper (D-Del.) and Bob Casey (D-Penn.), the Startup Technical Assistance for Reemployment Training and Unemployment Prevention (STARTUP) Act alters the rules governing the unemployment … Continue Reading
January 30, 2012
ADVISORY: Former CBO Director Holtz-Eakin to Join Bipartisan Coalition at Press Conference Calling for New Ways to Fund Infrastructure Projects
Washington, D.C. - With the Congressional Budget Office's expected announcement tomorrow that the National Highway Trust Fund's deficit will continue to grow, U.S. Senator Ron Wyden (D-Ore.), former-CBO Director Douglas Holtz-Eakin and a bipartisan, bicameral coalition of lawmakers will hold a press conference tomorrow at 2:15 p.m. to discuss how Transportation Regional Infrastructure Project bonds (TRIPs) can be a viable way to fund much-needed transportation projects. By utilizing tax credit … Continue Reading
November 03, 2011
Wyden, Ayotte Introduce Resolution to Protect Online Business from Unfair Taxation
Washington, D.C. - Whether by purchasing hand-made jewelry from Etsy, a sweater from an independent retailer on eBay or some vintage vinyl from a Portland record shop, millions of Americans each year utilize the internet to purchase products from small online retailers. However, there is movement in the Congress to give states the ability to create burdensome and unfair taxes on these transactions that cross state lines -- imposing taxes on businesses of other states selling goods online and … Continue Reading
November 01, 2011
Wyden Statement on House Passage of Wireless Tax Fairness Act
Washington, D.C. - U.S. Senator Ron Wyden (D-Ore.) issued the following statement in response to the House of Representatives' passage of the Wireless Tax Fairness Act. In March 2011, Wyden and Senator Olympia Snowe (R-Maine) introduced the legislation in the U.S. Senate. "Wireless is a prime example of how every time a new innovation hits the market - governments invent new ways to tax it. We should be encouraging wireless usage as it continues to revolutionize the way Americans work, … Continue Reading
July 19, 2011
Wyden, Coats Statement on The Gang of Six’s Inclusion of Comprehensive Tax Reform in Deficit Reduction Plan
Washington, D.C. - After the Senate's Gang of Six unveiled their bipartisan proposal to reduce the deficit by $3.7 trillion over ten years, U.S. Senators Ron Wyden (D-Ore.) and Dan Coats (R-Ind.) released the following statement supporting the Gang's decision to include comprehensive tax reform as one of the driving forces of their deficit reduction strategy: "This morning demonstrated that there are a number of senators ready and willing to tackle meaningful deficit reduction and tax … Continue Reading
July 07, 2011
Signs Point to Comprehensive Tax Reform – Time to Gear Up?
MEMORANDUM TO: Reporters and Editors FROM: Jennifer Hoelzer (Wyden) and Tara Dijulio (Coats) RE: Signs Point to Comprehensive Tax Reform - Time to Gear Up? DATE: Thursday, July 07, 2011 If you love tax reform as much as we do, the last 24 hours have been very exciting! Speaking at a Bloomberg breakfast this morning, White House Senior Advisor, David Plouffe said this debate was a "moment of opportunity" to "do something on tax reform of a significant nature," and at a news … Continue Reading
May 12, 2011
Wyden – Thune Promote Innovation by Protecting Digital Commerce from Overbearing Taxes
Washington, D.C. - Citing the crushing effect that multiple and discriminatory taxes can have on developing industries, U.S. Senator Ron Wyden (D-Ore.) and John Thune (R-S.D.) introduced legislation today that will protect digital goods and services - like mobile smartphone apps and cloud computing -- from additional taxes. "Would consumers be as willing to try out a new I-Phone app if they have to pay taxes for every download? How many app's would even be available if every provider had … Continue Reading
April 07, 2011
Wyden, Paulsen Bill Gives Green Light to Courts to Intercept Tax Refunds from Delinquent Debtors
Washington, D.C. - In an effort to provide financial relief to crime victims and to state courts that are owed money by deadbeat debtors, U.S. Senator Ron Wyden (D-Ore.) and Representative Erik Paulsen (R-Minn.) introduced legislation today that allows state courts to coordinate with the IRS to intercept tax refunds of individuals who owe restitution to their victims or have outstanding court fees. The Crime Victims Restitution and Court Fee Intercept Act will allow the IRS to send tax … Continue Reading
April 05, 2011
MEDIA ADVISORY: Wyden, Coats to Unveil a Simpler Tax Code for the 21st Century
WASHINGTON, DC - U.S. Senators Ron Wyden (D-Ore.) and Dan Coats (R-Ind.) will unveil a comprehensive tax reform package THURSDAY, April 7, at 10 a.m. EST at The Heritage Foundation and discuss how their legislation will achieve President Ronald Reagan's vision for tax simplification and economic growth. While a partisan battle over cuts to government spending threatens to shut down the federal government, Wyden and Coats are working to restructure the tax code, which experts say would reduce … Continue Reading
April 04, 2011
Wyden, Coats Team Up to Make the Tax Code Work for Businesses and Families
Washington, D.C. - While a partisan battle over cuts to government spending threatens to shut down the federal government, a bipartisan pair of senators took a page from President Reagan's book today and offered legislation that experts say will reduce the federal budget deficit by growing the economy. The "Bipartisan Tax Fairness and Simplification Act of 2011" - being offered by U.S. Senators Ron Wyden (D-Ore.) and Dan Coats (R-Ind.) - would simplify the tax system, hold down rates for … Continue Reading
March 10, 2011
Wyden, Snowe Introduce Bill to Protect Consumers from Overbearing Wireless Taxes
Washington, D.C. - In an effort to protect consumers from discriminatory and duplicative taxes on wireless goods and services that threaten mobile Internet access for many consumers, U.S. Senators Ron Wyden (D-Ore.) Olympia Snowe (R- Maine) have introduced legislation in the Senate to prohibit states from imposing any new discriminatory taxes on wireless goods and services for five years. A companion bill in the House of Representatives was introduced today by Reps. Zoe Lofgren (D-Calif.) and … Continue Reading
March 03, 2011
Small Business Needs Tax Reform Too
Washington, D.C. - The President and CEO of the National Federation of Independent Business (NFIB) and small business owners joined U.S. Senator Ron Wyden and Congressman Pat Tiberi today to explain why Democrats, Republicans and businesses of all sizes stand to gain from comprehensive tax reform. Tiberi - a Republican from Ohio - chairs the House Ways and Means Subcommittee on Select Revenue Measures. Wyden - a Democrat from Oregon - chairs the Senate Finance Subcommittee on Trade, Customs … Continue Reading
January 24, 2011
Tiberi and Wyden: “Democrats and Republicans can work together on Tax Reform”
Washington, D.C. - Calling on President Barack Obama to rally Congress to tackle tax reform this year, Democratic Senator Ron Wyden and the Republican Chairman of the House Ways and Means Subcommittee on Select Revenue Measures, Pat Tiberi, offered a list of reasons why they believe that Democrats and Republicans in Congress can and should work together on a major overhaul of the federal tax code similar to what President Reagan achieved with a divided House and Senate in 1986. "We … Continue Reading
April 08, 2010
Senators Wyden and Gregg To Discuss Simplifying the U.S. Tax System On the Day Before Tax Day
Washington, D.C. - The Bipartisan Policy Center (BPC) will host a panel discussion, "Reforming Our Tax Code: A Bipartisan Solution," with Senators Ron Wyden (D-OR) and Judd Gregg (R-NH) next Wednesday, April 14, 2010, the day before tax day. Senators Wyden and Gregg will discuss their recently introduced legislation, "The Bipartisan Tax Fairness and Simplification Act of 2010." The discussion will be moderated by BPC Advisory Board Member and former Senate Majority Leader Tom Daschle … Continue Reading
April 08, 2010
Economists agree, Wyden-Gregg "Bipartisan Tax Fairness and Simplification Act of 2010" is a positive step for U.S.
Washington, D.C. - With less than 9 months remaining until the tax relief provisions of 2001 and 2003 expire, a bipartisan proposal to reform the tax code has turned the heads of economists and academics across the country. Introduced by U.S. Senators Ron Wyden (D-Ore.) and Judd Gregg (R-NH), the "Bipartisan Tax Fairness and Simplification Act of 2010" takes a comprehensive approach to reforming the tangled web of exemptions, deductions, credits and other preferences that currently … Continue Reading
February 23, 2010
Wyden, Gregg Introduce "Bipartisan Tax Fairness and Simplification Act of 2010"
Washington, D.C. - As Congress readies for the inevitable partisan debate over how best to address the expiring 2001 and 2003 tax cuts, U.S. Senators Ron Wyden (D-Ore.) and Judd Gregg (R-NH)today offered a bipartisan solution. The "Bipartisan Tax Fairness and Simplification Act of 2010" takes a comprehensive approach to reforming the tangled web of nearly 10,000 exemptions, deductions, credits and other preferences that currently clutter the U.S. tax code in order to create a … Continue Reading
February 23, 2010
Wyden, Gregg Introduce "Bipartisan Tax Fairness and Simplification Act of 2010"
Washington, D.C. - As Congress readies for the inevitable partisan debate over how best to address the expiring 2001 and 2003 tax cuts, U.S. Senators Ron Wyden (D-Ore.) and Judd Gregg (R-NH)today offered a bipartisan solution. The "Bipartisan Tax Fairness and Simplification Act of 2010" takes a comprehensive approach to reforming the tangled web of nearly 10,000 exemptions, deductions, credits and other preferences that currently clutter the U.S. tax code in order to create a … Continue Reading
February 17, 2010
Wyden, Gregg Set to Introduce Bipartisan Tax Reform Legislation
Washington, D.C. - U.S. Senators Ron Wyden (D-Ore.) and Judd Gregg (R-N.H.) issued the following joint statement today to announce their plan to introduce comprehensive tax reform legislation when the Senate returns next week: "For more than two years, we have been working together on tax reform legislation. While the prevailing wisdom is that there is no such thing as genuine bipartisanship -- especially on issues as politically charged as taxes and health reform -- we are proud to … Continue Reading
