Ore. Sen. Wyden, incoming Finance Committee chairman, sets income tax revamp as top priority

  • Article by: JEFF BARNARD , Associated Press
  • Updated: February 7, 2014 - 7:55 PM

Sen. Ron Wyden, the incoming chairman of the Senate Finance Committee, said Friday his first priority in the job will be overhauling the nation's tax system, which he called a "dysfunctional, rotten mess."

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tnesleyFeb. 7, 14 7:33 PM

I agree100%. I think this is something both parties can agree on. My pick is a flat tax. Make the first $30K or so non-taxable, then around 17% above that. Then cut all loopholes and deductions...just keep some for charity, mortgage, and IRA. Period.

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