Washington, DC – Today, the National Taxpayer Advocate issued its 2011 Annual Report to Congress.  In response to the release of the report, Ways and Means Oversight Subcommittee Chairman Charles Boustany Jr., MD (R-LA) released the following statement: “Today’s Taxpayer Advocate report provides a glimpse into the challenges facing taxpayers as they struggle with a [...]

Despite President Obama’s continued push to increase taxes, prominent economic advisers to Democrats suggest higher taxes are bad for the economy. Christina Romer In a study published with her husband, also a noted economist, Dr. Romer found that “tax changes have very large effects on output” and that “an exogenous tax increase of one percent [...]

Organizations representing 95 percent of America’s businesses – including the U.S. Chamber of Commerce and the National Federation of Independent Business – sent a letter to the House Ways and Means and Senate Finance Committees opposing a corporate-only approach to tax reform.  The letter calls on Congress to act on comprehensive tax reform. In the [...]

Chairman Dave Camp (R-MI) Committee on Ways and Means Hearing on the Need for Comprehensive Tax Reform to Help American Companies Compete in the Global Market and Create Jobs for American Workers May 12, 2011 Good morning, and thank you for joining us today for the latest in the series of hearings the Ways and [...]

During the President’s speech today, he called for tax increases on the American people and small businesses in addition to those contained in his February budget proposal. It is important to keep in mind the negative impact that higher taxes have on job creation. Mr. President, We Don’t Have a Revenue Problem, We Have a Spending Problem During the 12 [...]

Republican reforms make code simpler, flatter and fairer for all; help spur creation of over 1 million new jobs Washington, DC – After attending the address delivered by President Obama today at George Washington University, Ways and Means Committee Chairman Dave Camp (R-MI) issued the following statement. “While I’m pleased the President has answered our [...]

We meet today to continue our dialogue about what I hope will result in a bipartisan path forward to reform our federal income tax system.  While there has been a lot of valuable discussion about the impediments the tax code creates for America’s job creators – and we will certainly continue that discussion over the [...]

“If its health care related, there’s a tax for that.” Thursday, April 15, 2010 Washington, DC – Ways and Means Ranking Member Dave Camp (R-MI) today joined House Republican leaders at a press conference to discuss the over $670 billion in tax hikes Democrats have enacted into law since January 2009.  The vast majority of [...]

From the Tax Foundation New data released by the IRS for tax year 2006 show that both the income share earned by the top 1 percent of tax returns and the tax share paid by that top 1 percent have once again reached all-time highs. In 2006, the top 1 percent of tax returns paid [...]