ABOUT:
The jurisdiction of the Subcommittee on Tax Policy shall consist of those revenue measures that, from time to time, shall be referred to it specifically by the Chairman of the full Committee.
Source: “Rules of the Committee on Ways and Means”
Most Recent Hearings
Republicans are working with President Trump and the Administration to deliver relief and assistance to ...
Business Formation Statistics
ICYMI: A Rebirth of Entrepreneurialism
Over 500,000 new high propensity business applications were made during the third quarter.
High propensity business applications, year over year, grew by over 66%. The historical average yearly growth before 2020 Q3 is ...
Key Points:
Economists are predicting that former Vice President Joe Biden's economic agenda would not lead to job growth due to tax hikes.
“Biden’s proposals would overall discourage investment in the U.S. rather than the other way around,” one economist said.
In addition to tax hikes, Mr. Biden has proposed a massive spending agenda with ...
Unemployment Rate
ICYMI: Pandemic-era Labor Market Perpetually Beat CBO’s Expectations (And New Research Suggests A Rapid Recovery Is Here to Stay!)
WASHINGTON – The top Republican on the House Ways and Means Committee Kevin Brady (R-TX) and House Republican Leader Kevin McCarthy (R-CA) today released H.R. 11, the Commitment to American GROWTH Act. To rebuild the greatest economy in a generation for our workers, families, and small businesses, this bill locks in key provisions of the successful Trump Tax Cuts to boost American ...
Successful Republican policies put American workers in the driver’s seat before the coronavirus hit. Today, we can help these same workers rebuild the greatest economy in a generation through smart, targeted tax policy, said Ways and Means GOP Leader Kevin Brady (R-TX) and House GOP Leader Kevin McCarthy in an
Former Vice President Joe Biden’s pledge to repeal the historic Trump Tax Cuts would be a disaster for the middle class, according to an op-ed for Real Clear Markets by Alex Hendrie of Americans for Tax Reform.
Key Points from the op-ed:
Biden has pledged to repeal the Tax Cuts and Jobs Act "on day one."
Doing so would hurt the fast recovery our economy is ...
The Tax Cuts and Jobs Act, championed by President Trump and congressional Republicans, spurred a boom in economic growth that took Americans off the sidelines and got them back to work. Thanks to these reforms, our economy doesn’t have to strain under a tax code from 1986, but will recover with a modern, dynamic tax code that promotes growth.
To download this factsheet as a PDF,
Key Points:
PPP was “the most ambitious” fiscal policy response to the COVID-19 crisis, a new study finds.
Smaller businesses got the most utility out of PPP loans.
PPP loans increased employment and financial well-being – especially for Main Street businesses.
Over 4.9 million PPP loans were processed, supporting over 51 million ...
The Tax Cuts and Jobs Act, championed by President Trump and congressional Republicans, spurred a boom in economic growth that took Americans off the sidelines and got them back to work. Thanks to these reforms, our economy doesn’t have to strain under a tax code from 1986, but will recover with a modern, dynamic tax code that promotes growth.
FAIRER ...
The Tax Cuts and Jobs Act, championed by President Trump and congressional Republicans, spurred a boom in economic growth that took Americans off the sidelines and got them back to work. Thanks to these reforms, our economy doesn’t have to strain under a tax code from 1986, but will recover with a modern, dynamic tax code that promotes growth.
MORE JOBS ...
