Tax
“Interest rates are remaining at the highest levels in 23 years because Bidenflation is still out of control.” WASHINGTON, D.C. –…
Read More (Chairman Smith: High Interest Rates More Evidence of President Biden’s Failed Leadership)WASHINGTON, D.C. – American workers and businesses will finally receive the tools needed to directly respond to China’s growing global economic…
Read More (Tax Relief for American Families & Workers Act Gives America an Edge Against China)Hidden inside President Biden’s Fiscal Year (FY) 2025 Budget is the revelation that he will increase taxes by a whopping…
Read More (The Biden Tax Hike Will Likely Exceed $7 Trillion )Washington, D.C. – The United States stands to lose billions of revenue under the Organization for Economic Cooperation and Development’s…
Read More (Smith, Crapo: Biden Administration Should Negotiate a Better Global Tax Deal for America)“The last thing families need is more ‘Bidenomics’ that robs the pockets of working families while making America’s job creators…
Read More (Chairman Smith: Families Need Tax Relief, Not Another Round of President Biden’s Failed Economic Policies)Washington, D.C. – As the Internal Revenue Service (IRS) launched pilot programs throughout the U.S. for an unauthorized direct e-file…
Read More (Smith: Direct E-File Program No One Asked for Is Simply a Way to Expand IRS)Washington, D.C. – Ways and Means Chairman Jason Smith (MO-08) issued the following statement on President Biden’s proposed Mortgage Worsening Tax…
Read More (Statement on President Biden’s Mortgage Worsening Tax Credit)Three Key Moments from Ways and Means Hearing on OECD Pillar 1 Global Tax Deal WASHINGTON, D.C. – At a Ways…
Read More (“U.S. Is Not a Piggy Bank for Europe’s Socialist Policies”)Washington, D.C. – With reports that President Biden will use Thursday’s State of the Union Address to propose new tax increases,…
Read More (Chairman Smith: Americans Can’t Afford the Tax Hikes Planned for Tonight’s State of the Union Speech)“The President made clear he wants to double down on more of the same failed policies that gave welfare to…
Read More (Chairman Smith: President Biden Doesn’t Get It )