Wyden pitches curbs on tax break for noncorporate businesses ...Middle East

Senate Finance Chair Ron Wyden is proposing to limit a tax break for “pass-through” business owners by phasing it out for individuals making more than $400,000. The Oregon Democrat released a bill Tuesday morning that would simplify and curtail a deduction for owners or partners of subchapter S corporations, sole proprietorships, partnerships and other pass-through structures used by businesses as […] The post Wyden pitches curbs on tax break for noncorporate businesses appeared first on Roll Call.

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