Tax Relief Will Increase Opportunities. The President s tax relief plan will create 1.6 million new job opportunities by FY 2011. Investment opportunities increase as the tax burden is lifted and economic activity increases. Will Enhance Financial Security. Families will find it easier to save for retirement or a college education.
Personal debt falls as a percentage of family income as family budgets improve.
These additional revenues could be used to create personal retirement accounts. They Ignore History and Economic Reality. When Presidents Kennedy and Reagan reduced tax rates economic activity rose and tax revenues increased significantly. The Bush Tax Plan is fiscally responsible. All forecasts are uncertain, yet this has not stopped opponent s calls for more government spending.