Wisconsin Sen. Tammy Baldwin is one of two senators taking the lead in an effort to make sure the deductibility of advertising expenses remains law as legislators review options for tax reform.
Sen. Baldwin is joining Sen. John Boozman from Arkansas in drafting a letter to Senate leadership urging them to leave the current tax treatment of advertising in place. This is similar to an effort in made in the House earlier this year.
A tax reform proposal that was introduced last week by the administration and Congressional leadership did not contain specifics, but advertising deductibility is considered to be “on the table” as an option to help pay for tax reforms.
At least two other senators have agreed to sign the letter so far.