The Tax Tracker
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. – House Committee on Ways and Means Chairman Jason Smith (MO-08) announced that the Committee will hold a hearing…
Read More (Chairman Smith Announces Hearing on The Need to Immediately Make Permanent the Trump Tax Cuts for Working Families and Small Businesses)Washington, D.C. – House Committee on Ways and Means Chairman Jason Smith (MO-08) and Senate Committee on Finance Ranking Member…
Read More (Smith, Crapo Statement on Biden Administration’s Taiwan Double-Tax Relief Announcement)“Taxpayers earning less than $200,000 a year will get stuck shouldering 90 percent of the burden of Democrats’ 1099K reporting…
Read More (Will the IRS Save Democrats from Implementation of Their Own Unpopular 1099-K Surveillance Scheme?)BERLIN – Top German finance officials met with Ways and Means Chairman Jason Smith (MO-08) and Committee members to discuss…
Read More (In Germany, Ways & Means Members Highlight How OECD Global Tax Deal Harms Jobs, Emboldens China, and Would Spark Global Tax Instability)Following the Penn-Wharton Budget Model debunking Democrats’ central claim that their Inflation and Recession Act would reduce the deficit, President…
Read More (Biden’s Favorite Economic Forecaster: Tax Hike Bill “Not a Game Changer,” Only “Nudges” Inflation)While claiming to close loopholes, Democrats are opening brand new ones for special interests to avoid the new Made-in-America tax (also…
Read More (The Top Five Most Nefarious Loopholes in Democrats’ New Book Minimum Tax)Click Here for PDF Democrats have confirmed: CHIPS is a green light for higher taxes, worse inflation, and corporate welfare,…
Read More (CHIPS is a Green Light for Schumer-Manchin Tax Hikes, Inflationary Spending, and Corporate Welfare)To view as a PDF, click here. Broad-based tax incentives will better address our global competitiveness The Chinese Communist Party’s…
Read More (One Pager: CHIPS Subsidy Plan Fails to Address Broader Challenge of Competition with China)After failing to reach consensus on a $5 trillion tax-and-spend spree, Democrats are now looking to pass a supposedly “slimmed-down”…
Read More (One-Pager: Democrats’ “Mom & Pop Paycut” is a Small Business Surtax on America’s Small Business Owners )