Today Congressman Smith voted to keep a $622 billion tax increase from hitting American families. One of the provisions in the Protecting Americans from Tax Hikes Act is Congressman Smith's initiative, H.R. 3409 the Tax Relief for Working Students Act, to make college more affordable for students.
The language authored and introduced by Smith treats income as a scholarship rather than as a wage if it is earned at a comprehensive student work-learning-service program at a certified Work College.
"It only makes sense that we encourage the hard work of responsible students," said Smith, a member of the House Ways and Means Committee, which handles all federal tax issues. "Work Colleges, including College of the Ozarks in southern Missouri, start students on the right track. I am glad that my language was included to reduce the tax burden students are facing and makes it easier for them to earn the scholarships they need to pay for college."