WASHINGTON, D.C. – Today, the Ways and Means Committee advanced five tax bills, each of which provides real relief for Americans facing challenges. The Committee voted to repeal a Biden-Harris Administration policy that gives the Internal Revenue Service (IRS) more power to snoop around minor financial transactions by Americans – like buying a couch or selling concert tickets – using payment apps like Venmo and PayPal. Additional legislation approved by the Committee prohibits tax-exem...
