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November 26, 2024 IRS Unlawfully Delays & Rewrites Democrats’ 1099-K Policy Again

Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the IRS announced its plans to unlawfully…

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November 26, 2024 Rural America Faces Family Farm Crisis if Trump Tax Cuts Expire

More family farms will be in jeopardy from a 40 percent Death Tax rate. WASHINGTON, D.C. – Family-owned farms are a…

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November 21, 2024 House Passes Ways & Means Bill Ending Tax-Exempt Support for Terrorism & Tax Penalties for American Hostages

WASHINGTON, D.C. – The U.S. House of Representatives overcame a Democrat blockade and passed bipartisan Ways and Means legislation that…

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November 21, 2024 Trump Tax Cuts Expiration Would Force Small Businesses to Pay Higher Tax Rate Than Communist China

26 million businesses could see their federal tax rate climb to 43.4 percent. WASHINGTON, D.C. – American small businesses could be…

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November 20, 2024 Chairman Smith: Ending Taxpayer Subsidies for Terrorist Organizations Shouldn’t Be Hard

WASHINGTON, D.C. –The Internal Revenue Service (IRS) must immediately revoke the tax-exempt status of the Alliance for Global Justice (the…

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November 19, 2024 Build Back Better’s Welfare for the Wealthy Formed Foundation of Inflation Reduction Act

WASHINGTON, D.C. – Democrats, unsatisfied with sparking an inflation crisis with their $2 trillion so-called stimulus in March 2021, pushed to…

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November 18, 2024 Fact Sheet: Key Moments from Ways and Means Republicans’ Oversight of the Biden-Harris Administration

WASHINGTON, D.C. – Without the robust oversight conducted by Ways and Means Republicans during the 118th Congress, the American people…

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November 18, 2024 Trump Tax Cuts Offer Relief For Working Families From Cost-of-Living Crisis

An average family of 4 will pay the equivalent of 9 weeks worth of groceries in higher taxes if the…

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November 15, 2024 Legislation to Expand Access to Employment Opportunities for Jobless Workers Headed to President’s Desk

Passed by the House and Senate, the BRIDGE for Workers Act expands job placement services to all unemployment insurance (UI)…

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