Rep. Jason Smith is going out of his way to let corporate America know he’s not terribly concerned with its problems
Corporate tax lobbyists are not used to taking heat from Republicans, and many don’t know what to make of Smith.
It adds up to a much more ambiguous situation for K Streeters than when Democrats were in charge of the House, pushing a slate of tax hikes on businesses and the rich that left little doubt where they stood. Tax payments by big companies are projected to jump this year by 12 percent “largely” because of those increases, budget forecasters said last week.The last time they were running the House, Republicans pushed through the biggest cut in the corporate tax rate in decades.
“We have to use our tax and trade mechanisms to make sure we help our strategic supply chains,” he said. “We saw over the past couple years that we have a lot of gaps.” He has previously proposed allowing pregnant women to claim the credit, something that many Democrats will not support because of its links to the abortion debate.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Democratic Rep. David Cicilline to step down from the House in JuneDemocratic Rep. David Cicilline announced on Tuesday that he would be leaving Congress on June 1 to become president and CEO of the nonprofit Rhode Island Foundation.
Read more »
Alaska House censures Rep. Eastman for asking about the economic benefits of deaths of abused childrenThe Alaska House of Representatives voted to censure Wasilla Republican Rep. David Eastman after he asked during a committee hearing whether there could be economic benefits from the deaths of abused children.
Read more »
Alaska House censures Rep. Eastman for comments about the economic ‘benefit’ of child abuse deathsThe House’s 35-1 vote to censure Eastman — the lone vote against the measure came from Eastman himself — marks the third time the controversial Wasilla Republican has been reprimanded by the House. (From AlaskaBeacon)
Read more »
House of the week: A 4-bedroom contemporary house with parking in Fairmount for $669,000This four-bedroom, three-bath contemporary house is topped by a pilot house with a wraparound walkway. And it has the rarest of commodities in Fairmount: off-street parking.
Read more »
Jason Kipnis, ex-Cleveland second baseman, expresses gratitude in announcing retirement from MLBKipnis played nine seasons in Cleveland and ranks near the top in several categories among franchise second basemen.
Read more »
CrimeWatch: Death of Jason John brings back painful memories for another familyThe body of 30-year-old Jason John was found in Lady Bird Lake recently after he had disappeared after a night out on Rainey Street. But this isn't the first time this has happened to a young man in the Austin's popular nightlife district.
Read more »