Tax
WASHINGTON, D.C. – At a Ways and Means hearing in November, witness testimony exposed the connections between American tax-exempt charities and terrorism –…
Read More (What They Are Saying: Ways and Means Tax-Exempt Charity Legislation Will Combat Tax Breaks for Terrorism)A discussion draft containing technical corrections and other clarifications with respect to the SECURE 2.0 Act of 2022, has been…
Read More (SECURE 2.0 Act Technical Corrections Discussion Draft Released)As prepared for delivery. “Thank you to my fellow colleagues and our witnesses for joining us here today. The topic of…
Read More (Tax Subcommittee Chairman Kelly Opening Statement – Hearing on Tax Policies to Expand Economic Growth)WASHINGTON, D.C. – The Ways and Means Committee took bipartisan action to address several critical issues facing the country, communities, and…
Read More (Ways and Means Advances Tax, Trade, and Foster Care Legislation)As prepared for delivery. “Before we begin, I’d like to say a couple of words about our colleague, Dan Kildee,…
Read More (Chairman Smith Opening Statement – Markup of Tax, Trade, and Foster Care Legislation)WASHINGTON, D.C. – Thanks to Democrats, more Americans who mow lawns or sell concert tickets and used couches through Venmo or…
Read More (Watchdog: Democrats’ IRS 1099-K Surveillance Scheme Will Result in a New Years Nightmare with at Least 30 Million New Tax Forms in American Mailboxes )WASHINGTON, D.C. — After Congressman David Kustoff (TN-08) and Congressman Brad Schneider (IL-10) introduced bipartisan legislation to revoke the tax-exempt status…
Read More (Chairman Smith: Kustoff, Schneider Legislation to Revoke Tax-Exempt Status of Non-Profits Supporting Hamas Crucial to Stopping Financial Flows to Terror Groups)Four Key Moments from Ways & Means Hearing on Protecting Seniors and Savers from “Woke” ESG Activism WASHINGTON – At a…
Read More (“Virtue Signaling is Expensive”: ESG Investing’s Threats to Retirement Security)As prepared for delivery. “Like many Americans, seniors and those living on fixed incomes have been decimated by President Biden’s…
Read More (Chairman Smith Opening Statement – Hearing on Protecting Seniors & Savers from ESG Activism)WASHINGTON, D.C. – After House Republicans voted to redirect $14.3 billion of the $80 billion Democrats originally gave to the…
Read More (Reminder: IRS Funds Were Originally Intended By Extremist Democrats to Increase Audits on Lower- and Middle-Income Earners)