COMMITTEE on WAYS and MEANS

Chairman Dave Camp

The Tax Tracker

  • DEMOCRATS’ TICKING TAX BOMB, PART III: Middle-Class Families

    July 19, 2012 - As described in Part I of this series, when the clock strikes midnight on December 31, 2012, the low-tax policies originally enacted in 2001 and 2003 – and extended, at Republicans’ urging, by a Democrat Congress and President Obama in 2010 – are again scheduled to expire. This will result in highe... More

  • Democrats Renew Their Commitment to Raise Taxes on Every Working American

    July 17, 2012 - The headline of an Associated Press article this morning tells Americans everything they need to know about how President Obama and the Democrats who control Washington feel about taxes: “Democrats willing to risk tax hike for all.” What does their recklessness mean for the American people? Accordi... More

  • Supreme Court's Health Law Decision Leaves in Place 21 Tax Hikes Costing Taxpayers More Than $675 Billion

    June 28, 2012 - The Supreme Court’s health care ruling leaves in place 21 tax increases enacted as part of that law. A dozen of these, marked with an asterisk (*) below, target Americans earning less than $200,000 per year for singles and $250,000 per year for married couples. This is a clear violation of the Pres... More

  • DEMOCRATS’ TICKING TAX BOMB, PART II: How Typical Taxpayers Will Be Affected

    June 19, 2012 - As described in Part I of this series, when the clock strikes midnight on December 31, 2012, the low-tax policies originally enacted in 2001 and 2003 – and extended, at Republicans’ urging, by a Democrat Congress and President Obama in 2010 – are again scheduled to expire. If Congress does not preve... More

  • DEMOCRATS’ TICKING TAX BOMB, PART I: OVERVIEW

    June 11, 2012 - It’s been called the “ticking tax bomb” and even “Taxmageddon” – and it’s a central issue that must be addressed in order to avoid the so-called “fiscal cliff” when the clock strikes midnight on December 31, 2012. But by whatever name it’s known, one thing is clear: the looming, year-end expiration ... More

  • Democrats in Tax Hike Disarray

    June 7, 2012 - In the past two days, both former President Clinton and former Economic Advisor to President Obama, Larry Summers, argued against the President's push to raise taxes on American families, small businesses and investors. Today, another top Democrat, Senate Budget Committee Chairman Kent Conrad, joine... More

  • Another Top Democrat Calls on President Obama to Abandon His Tax Hikes Amidst Tough Economic Times

    June 6, 2012 - Yesterday, it was former President Bill Clinton... "However, Clinton did say that Congress would be best off agreeing, at least for the time being, to extend all the tax cuts that are set to expire at the end of the year, including the so-called Bush tax cuts named after Clinton's successor, George ... More

  • What They’re Saying About Tax Reform in the House Republican Budget Resolution

    March 22, 2012 - This week, House Republicans released their budget resolution, which was approved by the Budget Committee yesterday. The budget resolution includes a proposal to implement comprehensive tax reform that: Consolidates the current six individual income tax brackets into just two brackets of 10 and 25 p... More

  • $2 TRILLION IN TAX INCREASES IN OBAMA BUDGET

    February 15, 2012 - BOTTOM LINE – TAX HIKES DON’T ADD UP TO THE JOBS THE AMERICAN PEOPLE NEED (Click above for more information) ### More

  • Littered with Loopholes

    January 26, 2012 - Instead of focusing on tax reform that can create jobs, President Obama used this week’s State of the Union address to talk about how he intends to take more money away from employers, investors and savers in order to create new carve-outs for a few industries and projects favored by his administrat... More