What body has jurisdiction over all tax matters and is responsible for initiating tax legislation?

Question

Quizplus · Accepted Answer

The House Ways and Means Committee is one of the oldest and most powerful committees in Congress. It has jurisdiction over all tax matters, including the initiation of tax legislation. The committee is responsible for writing tax laws and providing oversight of the Internal Revenue Service. The Senate Finance Committee also plays a major role in tax policy, but the House Ways and Means Committee has the primary jurisdiction over tax matters in the House of Representatives.

What Body Has Jurisdiction Over All Tax Matters and Is