Who has the power to lower taxes in America; Federal Reserve or Congress?

Question

I know the Federal Reserve can lower our interest rates, but how about the lowering or raising of taxes? Thanks.

Answer 1

Only Congress can lower your Federal taxes.

Answer 2

That's done by congress and/or IRS rulings. The Ways and Means Committee in the House of Representatives writes most of the bills.

Answer 3

For federal taxes, it's up to Congress.

But don't forget state, and possibly county and city taxes as well.  They're normally set by the state legislature, county boards, and city aldermen/councilmen/whatever they're called in your city, respectively.