We have received text from S. 2178: Equal Dignity for Married Taxpayers Act of 2025. This bill was received on 2025-06-26, and currently has 43 cosponsors.
Here is a short summary of the bill:
This bill, titled the Equal Dignity for Married Taxpayers Act of 2025 , aims to amend the Internal Revenue Code to ensure that all provisions related to tax laws apply to legally married same-sex couples in the same way as they do to married opposite-sex couples. The main provisions of the bill include the following adjustments:
Clarification of Terminology
The bill proposes to change various terms within the Internal Revenue Code, replacing gender-specific language with gender-neutral language to ensure inclusivity. For example:
- Replace "husband and wife" with "married couple" or "spouses".
- Change references to "his spouse" to "the individual's spouse".
Affected Tax Provisions
The bill affects numerous sections of the current tax code by making these changes:
- Amends sections regarding taxable income, deductions, and tax credits to reflect that all provisions apply equally to all married couples.
- Updates rules on joint returns, allowing for "married couple" terminology instead of "husband and wife".
- Addresses issues surrounding community property laws, confirming that income and property owned by married couples, regardless of gender, will be treated uniformly.
Impact on Filing Status
The bill allows married couples to file joint tax returns, enabling them to benefit from shared tax deductions and credits. It also clarifies that if one spouse passes away, the surviving spouse can still file taxes as a married couple for that year.
Conforming Amendments
Additionally, the bill requires conforming amendments across various sections of the Internal Revenue Code to ensure consistency in language and application. This includes the elimination of references that specify spousal roles based on gender and replacing them with inclusive terms.
Implementation and Compliance
The bill emphasizes that all legally married couples, regardless of sexual orientation, will be treated equally under tax law, which may result in easier navigation of tax-related issues and compliance across the board.
Relevant Companies
None found
Senator Ron Wyden Bill Proposals
Here are some bills which have recently been proposed by Senator Ron Wyden:
- S.2178: Equal Dignity for Married Taxpayers Act of 2025
- S.2159: Tech Safety for Victims of Domestic Violence, Dating Violence, Sexual Assault, and Stalking Act
- S.2095: PARTNERSHIPS Act
- S.2094: Basis Shifting is a Rip-off Act
- S.2059: Keeping Obstetrics Local Act
- S.2021: Close the Round-Tripping Loophole Act
You can track bills proposed by Senator Ron Wyden on Quiver Quantitative's politician page for Wyden.
Senator Ron Wyden Net Worth
Quiver Quantitative estimates that Senator Ron Wyden is worth $20.0M, as of July 12th, 2025. This is the 52nd highest net worth in Congress, per our live estimates.
Wyden has approximately $11.8M invested in publicly traded assets which Quiver is able to track live.
You can track Senator Ron Wyden's net worth on Quiver Quantitative's politician page for Wyden.
Senator Ron Wyden Stock Trading
We have data on up to $21.2M of trades from Senator Ron Wyden, which we parsed from STOCK Act filings. Some of the largest trades include:
- A April 6th, 2021 sale of up to $250K of $KLAC. The stock has risen 166.76% since then.
- A August 3rd, 2020 sale of up to $250K of $MAR. The stock has risen 237.22% since then.
- A November 11th, 2022 sale of up to $250K of $PYPL. The stock has fallen 21.61% since then.
- A April 6th, 2021 sale of up to $250K of $AVGO. The stock has risen 467.05% since then.
- A April 6th, 2021 sale of up to $250K of $AMAT. The stock has risen 41.84% since then.
You can track Senator Ron Wyden's stock trading on Quiver Quantitative's politician page for Wyden.
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
