The White House, President George W. Bush Click to print this document

For Immediate Release
Office of the Press Secretary
April 15, 2004

Fact Sheet: Millions of American Families Are Benefiting from the President's Tax Relief

Presidential Action

On Tax Day, President Bush addressed taxpayers in Des Moines, Iowa, where he discussed how tax relief has contributed to the growing strength of the economy and called on Congress to make his tax cuts permanent.

Figures released by the Treasury Department demonstrate the real benefits of the President's tax relief for all Americans on Tax Day.

Background - The President's Tax Relief is Benefiting Millions of American Families

As a result of the President's Economic Growth and Tax Relief Reconciliation Act of 2001 and Jobs & Growth Tax Relief Reconciliation Act of 2003, every taxpayer who paid income taxes will get tax relief this year.

President Bush has called on Congress to act now to prevent tax increases. If Congress does not act, failure to extend these tax cuts permanently would raise taxes on American taxpayers in future years:

The tax relief proposed and signed into law by President Bush was the right action at the right time for our economy. President Bush's tax relief has helped millions of American families and businesses and continues to drive job creation.

The impact of the President's economic program, including the tax relief, can be seen throughout the economy.

America has a choice: It can continue to grow the economy and create new jobs as the President's polices are doing; or it can raise taxes on American families and small businesses, hurting economic recovery and future job creation. A pro-growth economic agenda, a strong education system, and help for American workers to gain the skills to secure good jobs are the right ways to respond to the challenges of our growing and changing economy.

Return to this article at:

Click to print this document