Tag: taxes

Statement from Congressman Smith on passage of H.R. 1

Washington D.C. – Congressman Adam Smith’s statement on the House passage of H.R. 1. “The Republicans’ final tax bill affirmed my opposition to this dangerous proposal. Today’s vote increased the deficit by a staggering $1.5 trillion, which overwhelmingly benefits the rich and corporations at a time when we are running historic deficits and wealth is concentrated at … READ MORE

Smith Opposes Republican Tax Bill

Washington, D.C. – Congressman Adam Smith released the following statement on the tax plan marked-up by the House Ways and Means Committee this week:   “Our country’s federal government is already massively in debt and cannot sustain the tax cut President Trump and the Republicans are proposing. It is both bad economic and fiscal policy … READ MORE

Smith Statement on Republican Tax Bill

Washington, D.C. – Congressman Adam Smith released the following statement in response to the tax bill released by House Republicans:  “The Republican tax plan released today is disastrous for American workers and middle class families. Instead of having an honest discussion about our federal budget, House Republicans are attempting to force a partisan bill that … READ MORE

Smith Statement on President’s Misguided Tax Proposal

Washington D.C. – Congressman Adam Smith released the following statement regarding the President’s proposed tax plan:  “Our current tax code is overly-complex; there is no question it needs reexamination and overhaul. The tax proposal released today by President Trump would be disastrous.  Its almost singular focus on cutting taxes for wealthy people and companies will … READ MORE