WASHINGTON, June 5 -- The House Ways & Means Committee Chairman issued the following news release:
WASHINGTON, D.C. - House Ways and Means Committee Chairman Jason Smith (MO-08) today highlighted a new Department of the Treasury analysis confirming that Republicans' Working Families Tax Cuts are delivering as promised by putting more money in the pockets of working Americans earning less than $100,000.
The analysis shows that the overwhelming majority of Americans benefiting from Republicans' signature tax relief provisions - such as No Tax on Tips, No Tax on Overtime, No Tax on Social Security, and No Tax on Auto Loan Interest - earn less than $100,000 annually. The findings directly disprove Democrats' claims that these tax cuts would...