Tax
WASHINGTON, DC – Billion-dollar corporations and big banks will be the primary beneficiary of corporate tax breaks stuffed inside the so-called Inflation…
Read More (BREAKING ANALYSIS: JCT Confirms Green New Deal Tax Breaks Flowing to Big Banks and Other Billion-Dollar Corporations)WASHINGTON, DC – Ways and Means Committee Chairman Jason Smith (MO-08) released the following statement after the Producer Price Index…
Read More (Chairman Smith: Under President Biden, Small Businesses Struggle to Keep the Doors Open, Lights On)WASHINGTON, DC – Americans will continue to suffer under President Biden’s inflation crisis, after the latest Consumer Price Index report…
Read More (Chairman Smith: Americans Add Biden’s Inflation Crisis to Death and Taxes as Part of Life’s Certainties)WASHINGTON, DC – Democrats’ “green” energy subsidies in the so-called “Inflation Reduction Act” (IRA) will cost three times what was originally…
Read More (Analysis: Democrats’ “Green” Energy Subsidies Costing Taxpayers $1.2 Trillion–THREE TIMES Original Price Tag)WASHINGTON, DC – As part of its “welfare for the wealthy” agenda that will shower high earners and corporations with…
Read More (Biden Admin Rewards Foreign Countries with Access to American Taxpayer-Funded EV Credits)WASHINGTON, D.C. – President Biden’s Fiscal Year 2024 (FY24) budget would cut jobs, slash wages, and reduce economic growth for…
Read More (Study: Biden Budget Tax Increases Destroys Jobs, Cuts Wages, Reduces Economic Growth)As audits on middle-class families are slated to rise next year, taxpayers will soon face a tsunami of complex paperwork requirements that…
Read More (Breakdown: What the IRS’s 1099-K Surveillance Scheme Means for Working Families)WASHINGTON, DC – House Ways and Means Committee Republicans questioned Secretary Yellen about the Biden Administration’s plans to spend $80…
Read More (Ways and Means Republicans Get Answers from Secretary Yellen About Biden’s Tax Hikes and IRS’s Repeated Abuse of Taxpayers)While testifying before the Ways and Means Committee on Friday, Treasury Secretary Janet Yellen made a number of remarks that…
Read More (Six Breaking News Items from Secretary Yellen’s Testimony Before the Ways and Means Committee)“Thank you, Madame Secretary, for appearing before the Ways & Means Committee today. I will note, last year we waited…
Read More (Chairman Smith: After giving the IRS an $80 billion raise, the Biden Admin now wants taxpayers to give the IRS another $43.2 billion.)