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)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)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)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 )