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New Senate Finance Chairman: Tax Code a 'Rotten, Dysfunctional Mess'

from The Hill

The new head of the Senate Finance Committee wants to renew more than 50 tax breaks that expired at the end of 2013 as his first goals in the post. Sen. Ron Wyden, D-Ore., said on Bloomberg TV's "Political Capital" that the measures, known as tax extenders, will be the first in a "two-step drill" toward more comprehensive tax reform. more


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