JS-1551: Treasury Secretary Snow Statement <script type="text/javascript"> var wmNotice = "UNT Web Archive - External links, forms, and search boxes may not function within this collection. Url: http://treas.gov/press/releases/js1551.htm time: 15:03:36 Sep 17, 2008"; var wmHideNotice = "hide"; var contextRoot = "https://webarchive.library.unt.edu/eot2008/"; </script> <script type="text/javascript" src="https://webarchive.library.unt.edu/eot2008/js/disclaim.js"></script> <br>On House Passage To Make The Expanded 10% Bracket Permanent



	FROM THE OFFICE OF PUBLIC AFFAIRS May 13, 2004 JS-1551 Treasury Secretary Snow Statement On House Passage To Make The Expanded 10% Bracket Permanent Today the House of Representatives acted on a measure that is solid common sense for America's working families. I applaud their vote to prevent a tax increase on the nearly 94 million people who benefit from the lowest 10% bracket. The Senate should quickly follow suit. Preventing a tax increase is essential for taxpayers at all income levels, especially those in the lower 10% bracket. The President is committed to allowing hard-working individuals and families keep more of their own money to help pay for their children's education, invest for retirement, and spend as they see fit. This action will bring greater fairness and simplicity to the tax code. -30-