By Shenango Valley News |
Apr 24, 2024
WASHINGTON, D.C. – Today, Ways and Means Committee Chairman Jason Smith (MO-08) and Tax Subcommittee Chairman Mike Kelly (PA-16) announced the formation of ten Committee Tax Teams, comprised of Ways and Means Republican members, to address key tax provisions from the 2017 Trump tax cuts set to expire in 2025.Chairman Smith emphasized the urgency of the situation, stating, “Workers, families, farmers, and small businesses are facing the single largest tax hike in history at the end of next year." He highlighted the potential impact of the tax cuts expiring, mentioning that...