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With Bipartisan Vote, Ways and Means Committee Approves Pro-Growth Tax Relief Package to Help Small Businesses, Promote American Competitiveness, and Support Working Families

January 19, 2024 — Blog

WASHINGTON, D.C. – In a bipartisan vote, the Ways and Means Committee approved legislation to help American job creators stay competitive, allow Main Street businesses to survive and grow, and give tax relief to working families struggling under the weight of elevated prices and interest rates. The Tax Relief for American Families and Workers Act ...

Chairman Smith and Ranking Member Neal Statement on Bipartisan Meeting with Ambassadors from Select African Growth and Opportunity Act (AGOA) Countries

January 18, 2024 — Blog

WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08) and Ranking Member Richard E. Neal (MA-01) released the following statement after hosting a bipartisan roundtable with Committee members and ambassadors from several African Growth and Opportunity Act (AGOA) countries. AGOA is a U.S. trade program focused on strengthening ...

Chairman Smith Applauds Introduction of Death Tax Repeal Act to Protect Family Farmers, Ranchers, and Small Businesses

January 18, 2024 — Press Releases

Washington, D.C. - Today, Ways and Means Committee Chairman Jason Smith (MO-08) applauded introduction of the Death Tax Repeal Act by Rep. Randy Feenstra (IA-04) that would permanently repeal the death tax, which imposes an unfair and costly tax on the transfer of property, land, and other assets from a deceased family member to heirs of family farms and ...

Tax Relief for American Families and Workers Act Restores Proven Pro-Growth Tax Policies to Support Workers, Help Small Businesses Grow & Compete Against China

January 17, 2024 — Blog

WASHINGTON, D.C. – The recently released Tax Relief for American Families and Workers Act will provide American workers, families, farmers, and small businesses much needed tax relief to help grow and prosper at home while strengthening our competition versus China. The commonsense tax agreement restores key provisions of the 2017 Tax Cuts and Jobs ...