Select Revenue Measures (116th Congress)

The jurisdiction of the Subcommittee on Select Revenue Measures shall consist of those revenue measures that, from time to time, shall be referred to it specifically by the Chairman of the full Committee.

Democrats are working to create a more fair, simpler tax code that provides Americans greater opportunity and financial security.

Recent Activity

Neal Statement on Potential Changes to Capital Gains Taxes

Jul 31, 2019 Press Release

WASHINGTON, DC – Today, Ways and Means Committee Chairman Richard E. Neal (D-MA) issued the following statement regarding the possibility of the Trump Administration indexing capital gains taxes to inflation:

Members’ Day Hearing Focused on the Recent Changes Made to the Federal Tax Treatment of State and Local Taxes

Jun 25, 2019 Hearing

Thompson Opening Statement at Select Revenue Measures Subcommittee Hearing on How Recent Limitations to the SALT Deduction Harm Communities, Schools, First Responders, and Housing Values

Jun 25, 2019 Press Release

(As prepared for delivery)

I’d like to welcome everyone to today’s hearing on how the recently-enacted cap on the State and Local Tax Deduction is affecting communities, schools, first responders, and housing values.

How Recent Limitations to the SALT Deduction Harm Communities, Schools, First Responders, and Housing Values

Jun 25, 2019 Hearing

Chairman Thompson Announces Select Revenue Measures Subcommittee Members’ Day Hearing Focused on the Recent Changes Made to the Federal Tax Treatment of State and Local Taxes

Jun 18, 2019 Press Release

House Ways and Means Select Revenue Measures Subcommittee Chairman Mike Thompson (D-CA) announced today that the Subcommittee will hold a Members’ Day Hearing focused on the recent changes made to the federal tax treatment of state and local taxes at 2:00 p.m. on Tuesday, June 25, 2019 in room 1100 Longworth House Office Building.