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Tax

October 16, 2024 Will the IRS Save Democrats from Implementation of Their Own Unpopular 1099-K Surveillance Scheme?

“Taxpayers earning less than $200,000 a year will get stuck shouldering 90 percent of the burden of Democrats’ 1099K reporting…

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October 16, 2024 Tax Relief for the Heartland: Chairman Smith Holds Ways & Means Tax Team Event in St. Louis, Missouri 

St. Louis, Missouri – Ways and Means Committee Chairman Jason Smith (MO-08), joined by Ways and Means Representative Darin LaHood (IL-16)…

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September 18, 2024 Biden-Harris Administration Forfeiting U.S. Sovereignty in Global Tax Deal is an Unconstitutional Giveaway to China

WASHINGTON, D.C. – The Biden-Harris Administration’s collusion with foreign governments of the Organization for Economic Co-operation and Development (OECD) to impose…

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September 17, 2024 House Approves Bipartisan Legislation Expanding Support for America’s Veterans

WASHINGTON, D.C. – Americans wishing to support a veterans services organization (VSO) would have more opportunity to do so with tax-deductible…

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September 17, 2024 Chairman Smith Opening Statement – Floor Debate on the VSO Equal Tax Treatment (VETT) Act

“Under this legislation, our tax code will no longer discriminate among our veterans services organizations. Charitable contributions to all federally…

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September 12, 2024 U.S. House Votes to Block Democrat Plan to Funnel American Taxpayer Dollars to China

The legislation closes Biden-Harris loopholes that give taxpayer money to Chinese billionaires and manufacturers for building electric vehicles (EVs). WASHINGTON,…

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