E-Legislative Action Alert
Expected on the Economic Growth and
Tax Relief Act of 2001 (H.R. 3)
A vote is
expected by the full House as early as Thursday, March 8, 2001 on
the Economic Growth and Tax Relief Act of 2001 (H.R. 3), an accelerated
version of President Bush's across-the-board reduction in income tax
The bill was
passed by the Committee on Ways and Means with a party-line vote on
March 1, 2001. The
measure was adopted by a 23 to 15 vote with all Republicans in favor
and all Democrats opposed. It will provide $960 billion over 10 years
of tax relief. The Democratic alternative that offered less tax relief
was rejected. This year, the Republican bill would provide $360 for
a couple and $180 for an individual.
to many economists, targeted tax cuts do little or nothing to energize
the economy. On the other hand, a recession can be forestalled or
mitigated by reducing this marginal tax rate.
Economic Growth and Tax Relief Act, a twelve percent bracket would
be created for 2001 and 2002 declining to 11 percent from 2003-2005
and 10 percent in 2006 under the legislation drafted by Representative
Bill Thomas (Republican - California). About $65 billion would be
added to the President's plan over 10 years in tax relief by including
the provision making the lower rate retroactive to January 1, 2001.
information on tax relief legislation, go to http://americanvoiceinstitute.org/Legislative_Agenda_Taxation.htm
Can You Do?
Send a message
to your national congressman expressing
your support for the Economic Growth and Tax Relief Act of 2001 (H.R.
3) to provide needed tax relief to American families.
representative and urge him/her to support the Economic Growth and
Tax Relief Act of 2001 (H.R. 3).
Switchboard Numbers: 202-225-3121 or 202-224-3121 (Those numbers will
direct you to the Capitol Hill operator. Ask for your representative's
To go to your
representative's website, find his E-mail or to find out who your
representatives are... http://www.house.gov/house/MemberWWW.html
mail your U.S. House of Representative, go to http://www.house.gov/htbin/wrep_findrep.
United States House of Representatives
Washington, DC 20515
To view a
sample letter to a congressman, go to http://www.americanvoiceinstitute.org/SampleTaxationLetter.htm