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Ways and Means Committee Chairman Jason Smith (MO-08) issued the following statement after the IRS announced its plans to unlawfully…
Read More (IRS Unlawfully Delays & Rewrites Democrats’ 1099-K Policy Again)More family farms will be in jeopardy from a 40 percent Death Tax rate. WASHINGTON, D.C. – Family-owned farms are a…
Read More (Rural America Faces Family Farm Crisis if Trump Tax Cuts Expire)WASHINGTON, D.C. – The U.S. House of Representatives overcame a Democrat blockade and passed bipartisan Ways and Means legislation that…
Read More (House Passes Ways & Means Bill Ending Tax-Exempt Support for Terrorism & Tax Penalties for American Hostages)26 million businesses could see their federal tax rate climb to 43.4 percent. WASHINGTON, D.C. – American small businesses could be…
Read More (Trump Tax Cuts Expiration Would Force Small Businesses to Pay Higher Tax Rate Than Communist China)As prepared for delivery. “I rise today in support of H.R. 9495, the Stop Terror-Financing and Tax Penalties on American…
Read More (Chairman Smith Opening Statement – Floor Debate on the Stop Terror-Financing and Tax Penalties on American Hostages Act)WASHINGTON, D.C. –The Internal Revenue Service (IRS) must immediately revoke the tax-exempt status of the Alliance for Global Justice (the…
Read More (Chairman Smith: Ending Taxpayer Subsidies for Terrorist Organizations Shouldn’t Be Hard)WASHINGTON, D.C. – Democrats, unsatisfied with sparking an inflation crisis with their $2 trillion so-called stimulus in March 2021, pushed to…
Read More (Build Back Better’s Welfare for the Wealthy Formed Foundation of Inflation Reduction Act)WASHINGTON, D.C. – Without the robust oversight conducted by Ways and Means Republicans during the 118th Congress, the American people…
Read More (Fact Sheet: Key Moments from Ways and Means Republicans’ Oversight of the Biden-Harris Administration)An average family of 4 will pay the equivalent of 9 weeks worth of groceries in higher taxes if the…
Read More (Trump Tax Cuts Offer Relief For Working Families From Cost-of-Living Crisis)Passed by the House and Senate, the BRIDGE for Workers Act expands job placement services to all unemployment insurance (UI)…
Read More (Legislation to Expand Access to Employment Opportunities for Jobless Workers Headed to President’s Desk)