Congressman Jason Chaffetz (R-UT-3) and Congressman Steve Womack (R-AR-3) – along with a group of bipartisan lawmakers – today introduced the Remote Transaction Parity Act (RTPA; H.R. 2775), a bill that will modernize our nation’s outdated sales tax collection process.  The legislation, which will be referred to the House Judiciary Committee because of its interstate commerce nexus,… Read more »

Congressman Steve Womack (AR-3) today released the following statement in response to the passage of America’s Small Business Tax Relief Act of 2015 (H.R. 636), which creates stability for small business owners, farmers, and ranchers by making permanent increased Section 179 small business expensing: “I applaud the passage of H.R. 636 and the steps the House continues to take to support… Read more »

Federal excise taxes for all beer importers and for brewers of more than two million barrels annually are currently $18 per barrel.  Brewers that produce less than two million barrels annually are taxed at a rate of $7 per barrel for their first 60,000 barrels, significantly decreasing their effective tax rate.  While this reduced tax rate has successfully encouraged new entry… Read more »

Congressmen Steve Womack (AR-3), Rick Crawford (AR-1), Tim Griffin (AR-2), and Tom Cotton (AR-4) today joined a bipartisan group of 227 House colleagues to pass H.R. 7, the No Taxpayer Funding For Abortion Act.  This legislation enacts a permanent ban on the use of all federal dollars to fund abortions and eliminates tax credits and subsidies for Obamacare health plans that include… Read more »

These days, Congress doesn't agree on much.  But there is bipartisan support in Washington for comprehensive tax reform. In May, the House passed a budget resolution that set forth our vision for reform.  It called for consolidating the six individual income tax brackets into two brackets, a 10 percent bracket and a 25 percent bracket, and lowering the corporate tax… Read more »

With the U.S. Senate’s recent vote showing overwhelming support of the Marketplace Fairness Act, the original sponsors of H.R. 684 today joined a group of small business owners from across the country to urge members of Congress to support the Marketplace Fairness Act (H.R. 684).  Under current law, while brick-and-mortar retailers collect sales and use taxes from customers who make… Read more »

“The freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance.” That’s Webster’s definition of free enterprise. And for far too long, the Supreme Court’s outdated Quill v. North Dakota decision has stood as a roadblock… Read more »

Black Friday formally kicked off the holiday shopping season and, today, the shopping continues online as we celebrate Cyber Monday. Created in 2005, Cyber Monday has rapidly become one of the biggest online shopping days of the year. Last year, online retailers had their best holiday season ever, and sales on Cyber Monday alone exceeded $1.25 billion. This year, the National Retail… Read more »

WASHINGTON – Congressman Steve Womack released the below statement in response to the House passage of Budget Chairman Paul Ryan’s FY13 budget. For more information, go to... Read more »

On Tuesday, the House passed H.R. 3630, the Middle Class Tax Relief and Job Creation Act. This bill includes several extensions... Read more »