U.S. House Ways and Means Committee Republicans have introduced a bill that would create a reciprocal tax applicable to any foreign country that imposes unfair taxes on U.S. businesses and workers under the OECD's global tax deal. --- Ways and Means Republicans Introduce Bill to Combat Biden's Global Tax Surrender MAY 25, 2023 — PRESS RELEASES WASHINGTON, D.C. – Ways and Means Committee Chairman Jason Smith (MO-08), along with every Committee Republican, introduced H.R. 3665, the Defending American Jobs and Investment Act, to prevent President Biden's global tax surrender from killing American jobs, surrendering sovereignty over our tax code, and...