Tuesday, September 19, 2006
Gard calls for more taxcuts
I think this has to be some sort of record for most taxcuts in one week.
Under Gard’s plan, more money will be going to workers, and less to Uncle Sam. John Gard’s Working Family Tax Relief Package includes:
Family-Friendly Tax Code
Ending the Marriage Tax Penalty --- The marriage tax penalty is scheduled to resume in 2011. Gard proposes permanently ending this unfair penalty on married couples.Making the Child Tax Credit Permanent --- In five years, the Child Tax credit will be reduced from $1,000 to $500 Gard proposes making the Child Tax Credit permanent.
“Couples that earn roughly the same salaries tend to pay more in taxes than if they were both single filers,” said Gard. “There is no justification for taxing married couples at a higher rate. In addition, we need to take into account the added demands on today’s families and make sure they are able to spend more on their priorities.”
Reducing Income Taxes
Permanently Lock in the Pro-Growth Tax Cuts---Millions of working families have benefited from the federal pro-growth tax cuts in 2001 and 2003, which included an across-the-board income tax cut. Gard proposes making the cuts permanent.Deeper Tax Cuts for Working Families---While the pro-growth cuts are certainly reducing the tax burden on folks, even more can be done. Gard proposes an income tax reduction of 20% for families making $30,000 to $70,000.
Labels: Election 2006
