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Chairman Smith Opening Statement – Markup of 501(c) Legislation

May 15, 2024 — Markup

As prepared for delivery "This committee has been concerned with the proliferation of tax-exempt organizations that receive generous benefits under section 501 of the U.S. tax code engaging in activities that may not be in line with the spirit or the letter of the law. Our investigation into this issue ranges ...

Chairman Smith Floor Remarks – H.Con.Res 86, Opposing a Carbon Tax

March 21, 2024 — Floor Statements

As prepared for delivery. "Working families are struggling to make ends meet – to afford to put food on their table, clothes on their back, and gas in their cars. All because of the inflation crisis that has been fueled by Washington Democrats’ runaway spending and President Biden’s failed economic ...

Tax Relief for American Families & Workers Act Gives America an Edge Against China

March 19, 2024 — Economic Statements

WASHINGTON, D.C. – American workers and businesses will finally receive the tools needed to directly respond to China’s growing global economic influence thanks to the Tax Relief for American Families and Workers Act (TRAFWA). The bill, passed by an overwhelming majority of the U.S. House of Representatives, builds on the ...