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Taxes

Information regarding my stance on Tax issues.
April 6, 2012
Columns

While pranks are common on such a day, it was no joke when on April 1st the United States’ 35 percent corporate tax rate became the highest in the world. Our current system is a relic of the Post-War era, when the U.S. reigned as the unchallenged industrial leader, and government efficiently regulated the market.

Issues:EconomyTaxesWays & Means
March 30, 2012
Columns

America’s looming debt crisis is the most predictable – and avoidable – economic calamity in our nation’s history. Make no mistake: empty promises from both political parties have gotten us where we are today. This explosion of debt is threatening to cripple our nation and rob our children and grandchildren of their future.

Issues:BudgetEconomyHealth CareJobsTaxes
February 22, 2012

Washington, DC – Congressman Adrian Smith (R-NE) released the following statement on President Obama’s corporate tax reform proposal:

January 27, 2012
Columns

This past week President Obama delivered his State of the Union address to a joint session of Congress. Traditionally this speech has been a chance for the President to outline his agenda for the coming year. After more than three years of economic hardship, this was the time to chart a new path forward to put our nation back on a sounder fiscal and economic footing.

Issues:BudgetEconomyJobsTaxes
January 26, 2012
In Tuesday's State of the Union Speech, President Barack Obama called for a new minimum tax on multi-national American companies. The move perplexed Nebraska's Congressional delegation, which was seated together for the speech. Smith said that in effect, the president has asked Congress to exchange loopholes he doesn't like for new ones that he does.
Issues:EconomyTaxes
January 24, 2012

Washington, DC – Congressman Adrian Smith (R-NE) today released the following statement on President Obama’s State of the Union address:

January 17, 2012

Washington, D.C.Congressman Adrian Smith (R-NE) today issued the following statement after the U.S. House of Representatives gaveled in the Second Session of the 112th Congress:

December 9, 2011
Columns

The November jobs report, which showed nearly twice as many Americans dropped out of the labor force than found work, underscored the deep and systemic problems still affecting the economy. One of those areas is our outdated tax code. Over the years, it has grown too complicated and cumbersome, and it is fundamentally unfair.

Issues:EconomyJobsSmall BusinessTaxesWays & Means
November 25, 2011
Columns

Over the past several weeks, Washington has had multiple opportunities to address the nation’s massive spending problem. Instead, the only thing Congress was able to accomplish was prove again how broken Washington has become. Despite the setbacks, we must redouble our efforts to end the unsustainable spending going on in our nation’s capital.

Issues:BudgetEconomyJobsSmall BusinessTaxes