The IRS announced that many payments for people affected by the train derailment last year in East Palestine, Ohio, will be tax-free.
That’s a win for vulnerable Ohio Democrat Sen. Sherrod Brown, who urged the Biden administration to declare that derailment-related payments qualify for disaster tax relief.
It also takes away one incentive that Senate Democrats might have had to hold a vote on the Wyden-Smith tax bill or a separate House-passed package of disaster tax relief measures.
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