Many examples that you have given today. Thank you so much for sharing your own personal testimony. It really demonstrates why we need a modernized farm bill and one that focuses on those programs that are actually going to the farm.
Smith advocates for a modernized farm bill based on witness testimonies.
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If you eliminate the step up in basis, you are going to pay a 20 percent tax on the gain of anything you ever own in your life.
President Biden's so-called Inflation Reduction Act forced taxpayers to subsidize big banks and corporations.
In the years that followed enactment of the Trump tax cuts we saw lower-income earners have a huge reduction in their taxes.
I think it is interesting that people come in with their concerns about tax fairness, and what is going to happen, and how we are going to meet the deficit that is growing, and we are not focusing on collecting taxes that are already due and owing.
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