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Politics : PRESIDENT GEORGE W. BUSH
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To: Kenneth E. Phillipps who wrote (493472)11/16/2003 10:33:34 AM
From: Thomas A Watson  Read Replies (3) of 769670
 
108 Million Families to Get an Average $2,500 More in Tax Relief

USA Today reported on Friday that taxpayers' refund checks will increase by 27% to an average $2,500 per family next year as a result of President Bush's tax relief. An estimated 108 million families will receive refunds next year.

"The refunds will fatten bank accounts and, if spent, boost the economy because consumer spending accounts for 70% of U.S. economic activity. That will help ensure that the economic gains underway do not fizzle out, and it will ultimately benefit the 9 million Americans who are out of work," USA Today reports. "The biggest winners ... will be the approximately 10 million married couples with a combined income of $46,700 to $56,800. Those couples dropped from the 27% bracket to the 15% bracket."

The President's Jobs and Growth tax relief is fueling the largest economic surge in nearly twenty years and has created nearly 300,000 jobs in the last three months. However, President Bush will not be satisfied until every American looking for work can find a job. He has outlined a six-point economic plan to build on the success of his Jobs and Growth agenda and to help our economy to create even more job opportunities for America's workers.

georgewbush.com
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