US Presidency
2003

Instead of slowly raising the child credit to $ 1,000, we should send the checks to American families now. The tax relief is for everyone who pays income taxes, and it will help our economy immediately: 92 million Americans will keep, this year, an average of almost $ 1,100 more of their own money; a family of four with an income of $ 40,000 would see their federal income taxes fall from $ 1,178 to $ 45 per year; our plan will improve the bottom line for more than 23 million small businesses. You, the Congress, have already passed all these reductions and promised them for future years. If this tax relief is good for Americans three, or five, or seven years from now, it is even better for Americans today. We should also strengthen the economy by treating investors equally in our tax laws. It's fair to tax a company's profits. It is not fair to again tax the shareholder on the same profits.