This Republican Just Cracked the Doors Open to Higher Taxes on the Wealthy (Or Did He?)

This Republican Just Cracked the Doors Open to Higher Taxes on the Wealthy (Or Did He?)

With House and Senate Republicans still struggling to find consensus on a budget reconciliation bill extending and expanding the expiring tax cut package from Donald Trump’s first term, Representative Jason Smith made a surprising statement during a Fox News Sunday interview on May 4.  Asked if “upper earners may face higher taxes,” the chair of the tax-writing House Ways and Means Committee replied: “There’s no problem to eliminate loopholes th…