Ways and Means Committee Chairman Jason Smith (MO-08) blasted the Internal Revenue Service on Wednesday following a series of reports released by the Treasury Inspector General for Tax Administration (TIGTA) this summer showing the IRS is failing to treat all taxpayers the same, to protect their private information, or to provide a basic level of service.

“The IRS continues to live down to expectations as the least trustworthy agency in our federal government,” said Chairman Smith. “The Treasury Inspector General for Tax Administration’s reports from this summer highlight a disturbing pattern of neglect, abuse, and downright incompetence at the agency charged with collecting trillions of dollars in federal tax revenue, and more importantly, protecting the private, sensitive information of millions of American taxpayers.

“While President Biden has been focused on funding an army of IRS agents to audit Americans and squeeze them out of more of their hard-earned money, we have learned that the IRS lost millions of taxpayers’ data and potentially destroyed over 30 million tax records. But according to TIGTA’s reports, that was just the tip of the iceberg. The Ways and Means Committee will continue to conduct rigorous oversight and demand accountability at this agency. The IRS must be held to a higher standard for the American people.”

IRS Watchdog Reports Show:
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Jason Smith Introduces the American Families and Jobs Act to Cut Taxes for Working Families, Grow Main Street Businesses, and Protect American Innovation & Competitiveness.

WASHINGTON, D.C. – In response to specific concerns raised by American workers, families, farmers, and small businesses during field hearings across the country, Ways and Means Committee members have introduced legislation to help struggling families, grow jobs, and support a stronger economy. Today, these solutions are being combined as part of a new legislative tax relief and jobs package by Ways and Means Committee Chairman Jason Smith (MO-08).

Chairman Smith issued the following statement after introducing the American Families and Jobs Act, comprised of three bills: the Tax Cuts for Working Families Act (H.R. 3936), the Small Business Jobs Act (H.R. 3937), and the Build It in America Act (H.R. 3938):

“As we traveled to communities across this country, Americans from all walks of life – workers, parents, farmers, and small business owners – have shared their concerns with today’s chronically high prices, climbing interest rates, labor shortages and supply chain failures, as well as the challenge of competing with China.

“In field hearings held in West Virginia, Oklahoma, and Georgia, we listened to their stories and their solutions. Now we are taking action to deliver relief and create a better, stronger future for American workers and families. The legislation introduced today pulls together critical ideas introduced by Ways and Means Committee members in response to needs and concerns voiced by the American people. It builds on successful tax policies enacted by Republicans that spurred higher economic growth – far more than projected – and sparked the fastest growth in real wages in 20 years. These policies will provide relief for working families, strengthen small businesses, grow jobs, and protect American innovation and competitiveness.”
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