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Treasury Releases Papers on Anniversary of President's 2003 Tax Relief

News release: “The Treasury Department released today two papers illustrating the benefits to American families and businesses from the tax relief enacted over the last seven years. The papers were released on the five-year anniversary of President Bush’s signing the Jobs and Growth Tax Relief Reconciliation Act of 2003, which lowered rates on capital gains and dividends, helping individuals and businesses save and invest.

In Topics Related to the President’s Tax Relief, Treasury analyzes how the 2001 and 2003 tax relief, along with other tax relief passed over the last several years, has allowed more Americans to keep more money in their pockets.”

In Tax Relief in 2001 through 2011, Treasury analyzes how the President’s tax relief benefited Americans both in the aggregate and through several illustrative examples of how the tax relief has benefited certain types of taxpayers.”

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