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Welcome to "Ask the White House" -- an online interactive forum where you can submit questions to Administration officials and friends of the White House. Visit the "Ask the White House" archives to read other discussions with White House officials.
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Don Evans
Today President Bush signed into law the Working Families Tax Relief Act
of 2004 that will extend tax relief for millions of American families and
add momentum to our growing economy. Thanks to the President's actions
today, a family of four with an income of $40,000 will save more than $900
on their taxes next year. This legislation also extends the full marriage
penalty relief, gives working moms and dads a $1,000 per child tax credit
per child through 2010 and lessens the tax burden of lower-income
Americans by ensuring the full benefits of the 10% tax bracket.
I'm pleased to be here today to answers your questions about this vital law. Let's begin. jojo, from Florida writes: thank you. Don Evans
The President and I believe everyone who pays taxes deserves tax relief because its your money and you have betters ways of spending it than sending it to Washington.
Gabe, from Hutchison, Kansas
writes: Don Evans Simply put, tax cuts put more money in the pockets of hard working Americans to spend and invest in their future. For example, as Americans keep more money in their paychecks it is giving them the confidence to make more long-term purchases like buying a home. We are seeing record home sales and more Americans have the keys to their dream home thanks to the Presidents economic leadership.
The administration has made it clear that economic growth and fiscal discipline will help meet the Presidents goal of cutting the budget deficit in half in five years and create jobs at home.
Gary, from Washington, DC
writes: Thank you for your time and keep up the great work Don Evans Mark, from Santa Fe writes: Don Evans By ensuring that Americans have more to spend, to save, and to invest, the Presidents tax relief fueled an economic recovery.
In addition, President Bushs proposed budget reduces the annual rate of growth in non-security discretionary spending to 0.5 percent for next year. Thats down from 15 percent in the last budget enacted during the Clinton administration. The President's budget will also put the country on a path toward cutting the deficit in half over the next five years.
Jeff, from Buffalo Grove, Illinois
writes: Don Evans Ender, from Arizona writes: Don Evans Susan, from Colton, California writes: Don Evans
There is still more work to be done. The President has a six-point plan to move our economy forward. By making the tax relief permanent, restraining Federal spending and regulation, reducing our dependence on foreign sources of energy, expanding free trade, limiting frivolous lawsuits, and lowering the cost of healthcare through Association Health Plans and tax-free health savings accounts, the President believes we can expand our economy and create jobs.
Julie, from Manchester, NH
writes: Don Evans However, there is still more to be done so that every American who wants a job can find one.
Don Evans
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