House Committee on Ways and Means

The Committee of Ways and Means is the chief tax-writing committee of the United States House of Representatives. Members of the Ways and Means Committee cannot serve on any other House Committees, though they can apply for a waiver from their party's congressional leadership. The Committee has jurisdiction over all taxation, tariffs and other revenue-raising measures, as well as a number of other programs including:

=Subcommittees=

Subcommittee on Select Revenue Measures
=Legislative action=

Small business tax cuts
Rangel and McCrery announced on February 9, 2007, that they had reached a bipartisan agreement to propose a coupling of small business tax cuts with the increase in the federal minimum wage. The proposal was revenue-neutral, attempting to appeal to both parties and ensure the practical path of the minimum wage increase. 

Raising Private Equity Fund Manager's tax rate from 15% to 35%( H.R. 2834)
Sandy Levin (D-MI) would treat this as ordinary income, rather than giving it a special tax break. 

=Previous committee membership=

109th Congress (2005-2006)
=Articles and Resources=

Articles

 * Klaus Marre, "Rangel, McCrery introduce small-business tax cuts," The Hill, February 9, 2007.

Resources

 * The dKosopedia page on the House Committee on Ways and Means.

=Contact=

URL: http://waysandmeans.house.gov/


 * Majority staff office - (202) 225-3625
 * Minority staff office - (202) 225-4021