Chairman Smith: “Our tax relief package will help make the difference for millions of small businesses trying to make payroll, while they build things here in America.”
WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith ...
Chairman Smith: “Interest rates remaining at a 23-year high is another sign that Congress should be providing relief for working families and small businesses hammered by high prices and the interest rates that come with fighting inflation.”
Chairman Smith: “Because of this bill, working parents crushed by high prices will have an easier time putting food on the table, more things will be made here in America, and the nation will be more competitive with China.”
WASHINGTON, D.C. ...
"Parents and Main Street communities across this country will see lower taxes, more opportunity, and greater financial security after we pass this legislation."
As prepared for delivery.
WASHINGTON, D.C. – Americans in all 50 states will lose jobs and wages if Congress doesn’t restore full research and development (R&D) expensing included in the bipartisan Tax Relief for American Families and Workers Act, according to a
"The pro-growth, pro-worker provisions in the bill represent $600 billion in tax incentives that encourage Made-in-America investments, better jobs and higher wages."
By Ways and Means Committee Chairman Jason Smith (MO-08)
The Tax Relief for American Families and Workers Act will be good for the economy, small businesses, and millions of American families.
A Unique Bipartisan Tax Bill
By Former Speaker Newt ...
WASHINGTON, D.C. — The Tax Relief for American Families and Workers Act improves today’s child tax credit in multiple ways – most notably providing parents with relief from high prices by adjusting the tax credit for inflation and eliminating the penalty for larger families to ensure the child tax credit ...
WASHINGTON, D.C. – The Tax Relief for American Families and Workers Act maintains all of the safeguards made to the Child Tax Credit (CTC) in its 25-year lifespan, including a social security number (SSN) requirement established by Republicans in the 2017 GOP tax law.
WASHINGTON, D.C. – To ensure taxpayers receive the benefits of the Tax Relief for American Families and Workers Act as quickly as possible, the legislation instructs the IRS to update its systems and process any additional tax refunds on an expedited timeline. This is crucial to protecting Americans from having their tax refunds ...