General: “The tax relief you [Congress] passed is working. And because you acted to stimulate our economy with tax relief, this economy is strong and growing stronger. You have doubled the child tax credit from $500 to $1,000, reduced the marriage penalty, begun to phase out the death tax, reduced taxes on capital gains and stock dividends, cut taxes on small businesses, and you have lowered taxes for every American who pays income taxes.
Americans took those dollars and put them to work, driving this economy forward. … Manufacturing activity is increasing, inflation is low, interest rates are low, exports are growing, productivity is high, and jobs are on the rise. These numbers confirm that the American people are using their money far better than government would have, and you were right to return it.” (2004 State of the Union address to joint session of Congress, 1/20/04)
On making tax cuts permanent: “The tax reductions you (Congress) passed are set to expire…. What the Congress has given, the Congress should not take away. For the sake of job growth, the tax cuts you passed should be permanent.” (2004 State of the Union address to joint session of Congress, 1/20/04)
Signed into law the Working Families Tax Relief Act of 2004,
to extend prior family tax relief provisions (10/6/04).
Signed into law Economic Growth and Tax Relief Act, H.R. 1836. Revises 1986 Internal Revenue Code to include, among other things, repealing the federal estate and gift taxes, expanding the child tax credit, and a reduction in the marriage penalty. Became Public Law No: 107-16 (6/7/01).
Signed into law Jobs and Growth Tax Relief Reconciliation Act of 2003, H.R. 2. Commonly known as the Tax Cut Bill. Became Public Law No: 108-27 (5/28/03).
Signed into law Death Tax Elimination Act, H.R. 8.
Became Public Law No: 107-16 (6/7/01).