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  • Ryan Applauds Committee Approval of Evidence-Based Policy Bill
    Posted in Press Releases on May 19, 2015 | Preview rr
    Tags: Select Revenue Measures , Full Committee

    WASHINGTON, DC – House Ways and Means Committee Chairman Paul Ryan (R-WI) released the following statement after the House Oversight and Government Reform Committee approved the Evidence-Based Policymaking Commission Act of 2015, legislation he introduced earlier this year along with Senator Patty Murray (D-WA). "We need to look at the evidence when we make policy because we need to know what works. This commission will start to create a culture of success in our government by putting the focus ... Read more

  • Ending the Death Tax
    Posted in Blog on March 18, 2015 | Preview rr
    Tags: Select Revenue Measures , Full Committee

    As Rep. Kevin Brady (R-TX) recently said, the death tax "hurts the wrong people": the small business and the family farm. That's why the Ways and Means Select Revenue Measures Subcommittee is holding a hearing today on this unfair, unnecessary tax. Under current law, Uncle Sam takes a 40 percent cut from your taxable estate when a person passes away. But for many families, your "estate" is your business or farm. And this big of a tax bill can be devastating. The Joint Economic Committee recently... Read more

  • Reichert Opening Statement: The Burden of the Estate Tax on Family Businesses and Farms
    Posted in Opening Statements on March 18, 2015 | Preview rr
    Tags: Select Revenue Measures , Full Committee

    WASHINGTON — Today, Ways and Means Select Revenue Measures Subcommittee Chairman Dave Reichert (R-WA) delivered the following opening statement during a hearing on the burdens family businesses and farms face when planning for and paying the estate tax. "Today, as we consider the burdens family businesses and farms face planning for and paying the estate tax, or as it is more commonly known, the death tax, we will have the opportunity to hear from witnesses who have experienced this challenge fi... Read more

  • *UPDATE: NEW LOCATION* Chairman Reichert Announces Hearing on the Burden of the Estate Tax on Family Businesses and Farms
    Posted in Hearing Advisory on March 11, 2015 | Preview rr
    Tags: Select Revenue Measures

    *UPDATE: NEW LOCATION* All other details remain unchanged Congressman David Reichert (R-WA), Chairman of the Subcommittee on Select Revenue Measures, today announced that the Subcommittee will hold a hearing on the burdens family businesses and farms face planning for and paying the estate tax. The hearing will take place immediately following a brief Subcommittee organizational meeting on Wednesday, March 18, 2015, in Room 1310 Longworth House Office Building, beginning at 10:00 A.M. Oral test... Read more

  • Ryan Opening Statement: Strengthening 529 College Savings Plans and Making Permanent Important Tax Provisions
    Posted in Opening Statements on February 12, 2015 | Preview rr
    Tags: Select Revenue Measures , Full Committee

    WASHINGTON — Today, Ways and Means Committee Chairman Paul Ryan (R-WI) delivered the following opening statement during the committee markup of a series of bills to strengthen 529 college savings plans and make permanent important tax provisions. "So, we're working on three bills today. And the point of all three is to make people's lives easier. It's to give them more certainty about the future. All three deal with the tax code. There's the state and local sales-tax deduction, and there's the ... Read more

  • Bringing Tax Certainty for Families and Small Business
    Posted in Blog on February 4, 2015 | Preview rr
    Tags: Select Revenue Measures , Full Committee

    "We need to fix our tax code—for everybody." That was the message from House Ways and Means Chairman Paul Ryan (R-WI) yesterday. And today, the committee is turning words into action by moving forward on bills to provide tax certainty for those too often forgotten about in tax policy: Everyday Americans and small businesses. Yes, larger businesses need certainty to grow. But families and small businesses need certainty too. They deserve a simpler, flatter, fairer tax code that helps them plan fo... Read more

  • Ryan Responds to President Obama's State of the Union Address
    Posted in Press Releases on January 20, 2015 | Preview rr
    Tags: Select Revenue Measures , Human Resources, Full Committee, Trade

    WASHINGTON — Ways and Means Committee Chairman Paul Ryan (R-WI) issued the following statement in response to President Obama's State of the Union address. “The President said he wants to work with Congress, and I want to take him up on that offer. But to make real progress, we have to focus on finding common ground—not issues that only divide us. “I was glad to hear the President ask Congress to pass trade-promotion authority. We simply can’t get the best trade agreements for the American peopl... Read more

  • Meet Your New Tax-Season Headache: Obamacare
    Posted in Blog on January 20, 2015 | Preview rr
    Tags: Health , Select Revenue Measures

    Today marks the official start of tax season, the annual – and frustrating – American tradition of sorting through a long and complicated tax code to figure out what you owe to Uncle Sam. And this year will be even worse — thanks to Obamacare. As Bloomberg reports, not only will every taxpayer need to determine whether they satisfy the individual-mandate requirements, but also “[m]illions who received insurance through Obamacare’s exchanges will have a more complicated set of calculations to com... Read more

  • The Obama Tax Hike in a Word: Seriously?
    Posted in Blog on January 19, 2015 | Preview rr
    Tags: Select Revenue Measures , Full Committee

    "The tax area is one area where we can get things done.” That was President Obama just one month ago, calling tax reform an issue on which the two parties might find common ground in 2015. It was an optimistic view, but one that many Republicans shared. Fast forward to this weekend, and that optimism has, well, eroded, as we see now what the president had mind: a $320 billion tax hike on savings and investment, largely to fuel more Washington spending – and make the tax code even more complex. O... Read more

  • Tiberi Opening Statement: Hearing on Private Employer Defined Benefit Pension Plans
    Posted in Opening Statements on September 17, 2014 | Preview rr
    Tags: Select Revenue Measures , Full Committee

    Today we examine the challenges facing employers, employees, and retirees who rely on both single and multi-employer defined benefit pension plans to help provide retirement security. These challenges pose serious threats to American workers and employers. I know what it means for a family to lose the pension they were relying on. When I was in high school, my dad lost his job, he lost his pension, and we lost our health care. It was a volatile time. I want to help families avoid that situation.... Read more