Wyden Urges Trump Administration to Crack Down on Major Investment Tax Loophole Used by the Ultra-Wealthy

Washington, D.C. – Senate Finance Committee Ranking Member Ron Wyden, D-Ore., called on the Treasury Department and Internal Revenue Service (IRS) to crack down on a tax avoidance scheme known as tax-aware long-short investing which is growing in popularity and shielding billions in wealth from federal taxes.