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In our latest edition, we're grateful to have an interview with Rep. Jason Smith, who discussed the impeachment inquiry into President Joe Biden, possible tax code changes in a second Trump term, and how to hold colleges accountable for rampant antisemitism.
By: Matthew Foldi
Everything from college campus protests to Hunter Biden’s business records fall under Rep. Jason Smith’s (R., Mo.) purview as chairman of the powerful Ways and Means Committee — a position in which his stated goal is to make sure that no one is above the law, he told the Washington Reporter.
Smith told the Reporter that Americans should not allow tax codes to subsidize “antisemitism and harassment of students on campus because of one’s faith,” referencing the anti-Israel protests sweeping universities.
“There should be consequences for the actions of these elite institutions that are not following the letter of the law,” he said.
Finish Reading Rep. Jason Smith’s takes on tax reform, impeaching the president, and more HERE.
What will happen with the Tax Cuts and Jobs Act or tax policy in general, between now and the election? How might things change depending on who wins in November?
Matthew Foldi
Editor-in-Chief
It should be alarming to all Americans that President Biden is asking for a $7 trillion tax increase on all Americans. That would devastate the economy. And that’s in fact what Joe Biden’s asking for. The good thing is, I’m very positive that Donald Trump will be President of the United States. The House will be controlled by the Republicans, and the Senate will be controlled by the Republicans. And we’ll be using a reconciliation bill to pass a tax package that will extend, make permanent, the successful provisions of the Tax Cuts and Jobs Act. That’s why I set up these ten tax teams, so that my team is absolutely ready and prepared to hit the ground running in the first quarter of a truly Republican House, Senate, and White House.
Rep. Jason Smith
Chairman, Committee on Ways and Means
Do you have a least favorite tax?
Matthew Foldi
Editor-in-Chief
There are a lot of taxes that I don’t like. But let me just say this: my focus as chairman is providing tax relief for working families. That is my focus, and I’m open to any provision that helps create tax relief for them because they’re struggling. Inflation has gone up 20.1 percent since Joe Biden took the oath of office, and families need relief. That’s why I appreciate President Trump’s leadership on tax policy.
Rep. Jason Smith
Chairman, Committee on Ways and Means
House:
Senate:
What we’re hearing from people we trust on and around the Hill – please send us more tips!
By: Matthew Foldi
Rep. Jim Jordan (R., Ohio) is demanding that an inspector general hand over documents about an “unprecedented” and “widespread” leak of tax returns that the Internal Revenue Service (IRS) admitted targeted at least 70,000 people, including President Donald Trump.
Heather Hill, the acting inspector general at the Treasury Inspector General for Tax Administration (TIGTA), must produce documents related to her department’s investigation into former IRS contractor and document leaker, Charles Littlejohn to Jordan’s House Judiciary Committee by July 5. Specifically, TIGTA must provide communications it had with the Justice Department and the IRS, its findings and recommendations from its investigation into Littlejohn, and “the number of unique [Taxpayer Identification Numbers] and [Employer Identification Numbers] whose protected taxpayer information was further disclosed by Mr. Littlejohn to a third party, including but not limited to, the New York Times or ProPublica.” Jordan’s request has not been previously reported.
Read HERE for more on Rep. Jim Jordan’s ultimatum about the largest hack in IRS history.
By: Matthew Foldi
President Joe Biden leads Donald Trump by just 1 percent in an Illinois district he carried by almost 10 percent in 2020, a new 1892 Polling survey found.
The poll surveyed Illinois’s 17th District. Independent candidate Robert F. Kennedy, Jr. has 11 percent support in the district, and Kennedy’s campaign has until today to submit 25,000 signatures to gain ballot access in Illinois this November.
Numbers also suggested that Republicans may be able to flip the House seat in Illinois’s 17th District. While 1892 Polling’s numbers show that Illinois Democratic Rep. Eric Sorensen currently leads his Republican opponent, Joe McGraw, by 9 percent, Sorensen’s lead transformed into a 14 percent deficit when voters were given an informed ballot question.
Click HERE to read the full poll.
By: Matthew Foldi
A coalition of free-market advocates warned Congress that President Joe Biden’s Department of Justice’s Antitrust Division and Federal Trade Commission (FTC) are operating “beyond their remit to provide political cover for Biden’s reelection,” in a letter first reported by the Washington Reporter.
The coalition, which includes Club for Growth, Americans for Tax Reform, and Digital Liberty, accused Biden of breaking decades of precedent to score political points, using methods such as suing Live Nation-Ticketmaster over a ticket-buying frenzy-induced website crash to turn Taylor Swift fans blue this November.
Read HERE for more on the warning to Congress about Biden’s politicized DOJ and FTC.
By: Delegate Daniel Linville and Sarah E. Hunt
In this high-stakes election year, a rare bipartisan policy victory emerged through the Accelerating Deployment of Versatile Advanced Nuclear for Clean Energy (ADVANCE) Act. This legislation on its way to the president’s desk is the result of the hard work and dedication of Sen. Shelley Moore Capito (R., W. Va), who has built a bipartisan coalition in support of it.
The ADVANCE Act both reduces licensing fees for new reactors and additionally ensures that the Nuclear Regulatory Commission has the funding it needs to do the work to ensure continued U.S. nuclear energy technology leadership and hire more staff.
This legislation also better secures U.S. national security. Given the sensitivity of nuclear technology, this legislation ensures that certain domestic licenses be denied to both China and Russia. While innovation at home is essential to move nuclear energy forward, this legislation ensures that this never happens at the risk of empowering our adversaries.
Read more on how the ADVANCE Act will help America’s energy security HERE.
