COMMITTEE on WAYS and MEANS

Chairman Dave Camp

The Tax Tracker

  • President’s Plan: Unbalanced & Leads to More Unemployed

    November 30, 2012 - While President Obama campaigns in Pennsylvania today and makes another pitch to raise taxes by $1.6 trillion, he has still failed to put forward a “balanced” plan that includes significant spending reductions to deal with the fiscal cliff. The President’s continued focus on increasing tax rates is ... More

  • Balanced Approach?

    November 27, 2012 - In a news story titled “Efforts to Curb Social Spending Face Resistance,” today’s New York Times reports that, “In talks with Congressional leaders, Mr. Obama is seeking $1.6 trillion in additional revenue over 10 years and $340 billion in health care savings.” In noting that the “Administration wa... More

  • Nation’s Leading Small Businesses: Tax Reform, Not Tax Hikes

    November 27, 2012 - Associations representing the nation’s leading small businesses today released a letter urging Congress to reject the President’s call for higher marginal tax rates on main street employers. A total of 42 business organizations employing tens of millions of workers sent the letter to Capitol Hill u... More

  • Increasing Tax Rates: Bad for Small Businesses, Bad for American Workers

    November 15, 2012 - While the President continues to call for a “balanced” approach to resolving the fiscal cliff, he conveniently fails to mention that he will put the burden of his “balanced” approach on the backs of America’s small business owners. According to the non-partisan Joint Committee on Taxation, nearly o... More

  • Joint Committee on Taxation Experiment Proves Tax Reform Can Lower Rates

    October 18, 2012 - There has long been bipartisan support for comprehensive tax reform that lowers rates and broadens the base. A new self-described “experiment” released by the Joint Committee on Taxation (JCT) reinforces the merits of this approach. Unfortunately, some partisans are twisting JCT’s findings and conc... More

  • New Report Confirms Democrats Threaten Middle Class with Massive Year End Tax Hike

    October 2, 2012 - In July, Senator Patty Murray indicated that Democrats would be more than willing to drive the country over the “fiscal cliff” if Republicans refuse to raise taxes on job creators at the end of this year. Yesterday, the Tax Policy Center released a report that found that middle-income households wo... More

  • ObamaCare – An Explosion of Regulatory Burdens

    September 11, 2012 - According to former Internal Revenue Service (IRS) Commissioner Fred Goldberg, and supported by the Obama Administration's own figures, ObamaCare "...in its current form will be a needless administrative and compliance quagmire for millions of Americans." Based on IRS estimates approved by the Offi... More

  • Those who actually built a business and created jobs say: Democrat tax hikes are bad for business, time for tax reform is now

    August 2, 2012 - In a recent Ways and Means Committee hearing, small business owners in the manufacturing sector testified on how the current tax code affects them and how comprehensive tax reform could affect their ability to expand and create jobs. Their testimony reflects the overwhelming support among job creat... More

  • By the Numbers: Democrats’ Proposed Tax Increases

    August 1, 2012 - Despite warning after warning about the consequences of doing so, President Obama and Congressional Democrats continue to call for raising taxes on America’s families, small businesses and job creators. To make matters worse, they seem more than willing to hold low- and middle-income households hos... More

  • DEMOCRATS’ TICKING TAX BOMB, PART V: Small Business

    July 31, 2012 - As described in Part I of this series, when the clock strikes midnight on December 31, 2012, the low-tax policies originally enacted in 2001 and 2003 – and extended, at Republicans’ urging, by a Democrat Congress and President Obama in 2010 – are again scheduled to expire. This will result in highe... More