Taxes
WASHINGTON, D.C. – U.S. Reps. Adrian Smith (NE-03) and Terri Sewell (AL-07) have introduced the Revitalizing Underdeveloped Rural Areas and Lands (RURAL) Act, bipartisan legislation which would help preserve jobs and encourage infrastructure development by ensuring tax-exempt electric cooperative organizations' continued access to government grants and assistance, including rural broadband grants and FEMA disaster relief.
WASHINGTON, D.C. – The Nebraska congressional delegation has introduced legislation to provide tax relief for Nebraskans impacted by the severe 2019 storms and flooding. The bill, known as the Disaster Tax Relief Act of 2019, would deliver tax relief to areas that received a federal disaster declaration between January 1, 2019 and April 15, 2019.
Washington, D.C. - Congressman Adrian Smith (R-NE) released the following statement after Democrats on the House Ways and Means Committee on Wednesday requested the president's tax returns from the IRS.
Statement from Smith:
"I strongly oppose efforts by congressional Democrats to request and release President Trump's tax returns. While the Ways and Means Committee, on which I serve, has the authority to request individual returns, this action cannot be construed as part of any legitimate investigation and is therefore an abuse of power."
As you may know, I recently accepted the top Republican position on the Ways and Means Subcommittee on Select Revenue Measures, which writes tax policy for Congress. It's quite an honor for me because my colleagues and I on this panel represent the first line of defense against higher taxes. According to the U.S. Constitution, any legislation concerning taxes must originate in the House of Representatives and by extension my committee.
**To download the audio version of this column, click here.**
To watch a video of Rep. Smith's remarks, click here.
Washington, D.C. – Congressman Adrian Smith (R-NE) made the following remarks on Wednesday during a hearing on Social Security reform and retirement policy before the House Ways and Means Committee.
I appreciate the opportunity to discuss ways we can help Americans plan and be ready for retirement.
I think there are many ways we can work together in this area on a bipartisan basis.
Washington, D.C. – Congressman Adrian Smith (R-NE) released the following statement this evening in response to President Donald Trump's State of the Union address.
"Tonight President Trump struck a tone of unity, positivity, and opportunity for Americans of all walks of life in his annual State of the Union address. With over 5 million jobs created and a rapidly expanding economy, President Trump has led the way on pro-growth initiatives such as tax reform and regulatory relief.
Washington, D.C. – Congressman Adrian Smith (R-NE) has been selected to serve as Ranking Member of the House Ways and Means Subcommittee on Select Revenue Measures, previously known as the Subcommittee on Tax Policy, which has jurisdiction over federal tax legislation and oversees tax policy implementation by the Internal Revenue Service.
From Congressman Smith:
2018 has been a productive year. The economic benefits of tax reform are on display throughout the country with businesses expanding and jobs being created all around us. While there is much left to be done, I'd like to discuss a few of our proudest accomplishments from the past year.
As we prepare to join our families for Christmas, I am reminded of so many things we should be thankful for. This year will be our second Christmas with our young son, Zeke. Much of what I do in Washington is motivated by a desire to leave a healthy country for coming generations to inherit.
When I listen to former President Ronald Reagan's speeches, it is clear he was motivated by the same feelings. He always appealed for unity with a positive disposition, but he never shied away from directly addressing the American people.