More on Taxes
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.
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.
This week, the House of Representatives passed a number of bills aimed at reforming the Internal Revenue Service (IRS) and updating its antiquated systems and policies. These nine bills are the result of dozens of hearings, roundtables, briefings, and meetings conducted by the Ways and Means Committee, of which I am a member. For too long, the IRS has been plagued by inefficiency, poor customer service, and an utter lack of transparency.
Washington, D.C. – Congressman Adrian Smith (R-NE), a senior member of the Committee on Ways and Means, released the following statement after House passage of H.R. 5444, the Taxpayer First Act, and H.R. 5445, the 21st Century IRS Act.
This week, the House of Representatives considered H.J.Res. 2 to amend the U.S. Constitution to require a balanced federal budget. This would be an important first step toward rectifying our financial situation because we have a long road ahead if we intend to pay back the more than $21 trillion in debt we currently owe.