2025 Tax Cliff
WASHINGTON, D.C. – Improvements to the Opportunity Zone (OZ) program, which encourages greater investment in distressed communities, will result in more…
Read More (Big Beautiful Success Story: Opportunity Zone Improvements in The One, Big, Beautiful Bill Focus on Rural Areas and “Helps Increase Transparency” in Program)WASHINGTON, D.C. – After years of uncertainty about expiring tax provisions, American manufacturers and workers are celebrating the stability and certainty provided…
Read More (Big Beautiful Success Story: Tax Cut Permanence Means Greater Investment in America’s Economy)A new study from the Council of Economic Advisers (CEA) confirms what working families and small business owners have long…
Read More (STUDY: Extending Trump Tax Cuts Would Boost Jobs, Wages, and Economic Growth)WASHINGTON, D.C. – Days after Congress took a major step in unlocking the reconciliation process to provide tax relief for working…
Read More (Chairman Smith on Tax Day: Republicans Are Ready to Deliver on an America First Tax Policy)WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) joined CNBC’s Squawk Box Wednesday to discuss the latest…
Read More (ICYMI: Chairman Smith on Squawk Box: “We’re going to deliver for the American People.”)WASHINGTON, D.C. – Over the next 10 years, small businesses will increase GDP by $75 billion each year because of the…
Read More (Small Businesses Will Boost GDP By $150 Billion Annually From Extension of Trump Tax Cuts)WASHINGTON, D.C. – House Republicans took the first step to advance President Trump’s pro-worker, pro-America economic and national security agenda by…
Read More (House Passes Budget Resolution to Advance One, Big Beautiful Bill That Will Deliver Tax Relief to Working Families)Ways and Means Committee Chairman Jason Smith (MO-08) gave the following remarks on the House floor during debate on the…
Read More (Chairman Smith: A Vote Against This Budget Is A Vote to Raise Taxes on Low-Income Americans)WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement along with a fact sheet showing President…
Read More (Correcting the Record: Trump’s Tax Cuts Were a Boon for the Working Class)WASHINGTON, D.C. – Today, Ways and Means Committee Chairman Jason Smith (MO-08), Budget Committee Chairman Jodey Arrington (TX-19), Agriculture Committee Chairman…
Read More (Chairman Smith and All Instructed Committee Chairmen United on Advancing GOP Budget Resolution)