Is an Ad Tax Deduction Battle Moving to the Senate?

Sen. Baucus to release discussion drafts for tax reform by end of the week

The advertising community has been on high alert over proposals in the House to limit or eliminate the advertising tax deduction. Now, all eyes are on the Senate, where Max Baucus (D-Mont.) said Tuesday he plans to release "discussion drafts aimed at closing loopholes" in the tax code by the end of the week.