Taxes

Ten years ago, the IRS said it took the average person 9-½ hours to complete the 1040.
Today’s average is 13 hours—time enough to complete at least 4 baseball games.
This year, Americans will spend an estimated 6.4 billion hours complying with the tax
code—6.4 billion hours ago was 734,645 years before the birth of Jesus Christ.
It cost all taxpayers an estimated $203.4 billion in 2003 just to comply with the tax
code—that is enough money to buy a fleet of 5.1 million brand new Cadillac DeVille 4-
Door Sedans at retail price.

Impending Tax Increases

The RSC prepared a document detailing the tax increases that will automatically occur starting next year, unless Congress takes action to stop them (pdf)

H.R. 1308 - All American Tax Relief Act of 2003:

Child Tax Credit: Summary
List of Military tax relief: Summary
Policy Brief: Child Tax Credit - Background on Refundability of the Child Tax Credit & the Center on Budget and Policy Priorities
If You’re Concerned About the Poor, Should You Listen to the Center for Budget and Policy Priorities? Fact Sheet About the Leading Source Used by the Democrats

H.R. 2 - "Jobs and Growth Tax Act of 2003" – CONFERENCE REPORT

H.R. 2: "Jobs and Growth Tax Act of 2003"
State Aid: Chart showing how much each state will receive in cash payments
- State Aid Two-Weeks Later: How Are the States Spending the Money? Update regarding what the states are planning to do with the $10 billion one-time grants for "essential government services" and "unfunded mandates" included in the President's Tax Cut Package.
5/22/03 Press Release: Congressman Mike Pence: "Tax Cut Doesn't Go Far Enough"
5/9/03 Press Release: "House Conservatives Receive Commitment to Treat Dividends of Domestic and Foreign Companies Equally"
Letter from Reps. Manzullo and Toomey: "The Problem in the Growth Package with Dividends Paid by Non-Domestic Corporations"
The top 100 "reciprocal companies" that would be most harmed by this dividend proposal
Organization for International Investment Report: "The impact of reciprocal companies on the U.S. economy"

Ending the Double Taxation of Dividends

The American Shareholders Association: One pager: Statistical Information regarding the Double-Taxation of Dividends
Chart with Stock Market Plunge after Senate slashes tax cut proposal
State by State Breakdown of Jobs Not Created without dividends tax relief
Chart Comparing Tax Cut to Other Revenue
Number of Jobs Not Created under Democrat Plan

Summary of the President's budget proposal for FY 2004

RSC Budget Charts

New Spending and New Tax Relief in the President's Budget over the Next Five Years
Changes to the Baseline On-Budget Deficit Resulting from the President's Proposals
Increases in Major Agencies since GOP Takeover 1996 to 2003

RSC Reports

History of Reducing Spending
Putting historical perspective on the President's FY 2004 budget

Tax Facts

Decline of the Economic Growth Package: One pager

How Long Will It Take Washington to Spend What Was Supposed to Be Your Tax Relief?: One pager

RSC Economic Package Scorecard - wins/losses: One pager

Taxes / 107th Congress

6/11/03: House Conservatives: "Tax Code Should Not be the Place for Welfare." Urge Changes in EITC & Refundable Child Tax Credit

6/10/03: "Conservatives Call for Additional Tax Relief to be Included with Child Tax Credit Proposal."

May 21, 2003: "House Conservatives Oppose Gas Tax Increase." "There are Other Ways to Increase Highway Funding Besides Raising Taxes"

Policy Brief: Gas Tax increase - 1982

May 9, 2003: "House Conservatives Receive Commitment to Treat Dividends of Domestic and Foreign Companies Equally"

May 7, 2003, Message of the Week: "All tax cuts are not created equal."

May 1, 2003: "House Conservatives Weigh-In on Contents of Economic Growth Package."

4/30/03, Message of the Week: "Tax increases to 'pay' for tax relief are unacceptable."

2/12/03, Message of the Week: "Congress must end the double taxation of dividends."

ECONOMIC STIMULUS:
A detailed document comparing President Bush's economic stimulus proposal with the proposal released by the House Democrats on January 6, 2003.

The Democratic Economic Plan - Bad for the Economy, Bad for Workers

•	5/14/03: "The final economic growth bill should not include tax increases."

•	4/8/03: "House Conservatives: Willing to Discuss Tax Number in Budget, Unwilling to Simply Accept Senate Number."

•	1/7/03: House Conservatives Praise Bush Stimulus Package - Pledge to Push for Additional Tax Relief Beyond Bush Proposal

•	History of Discretionary Spending 1991-2002

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