Oh, what a relief it is

President Bush knows that tax relief, while facing economic and national security challenges, is the right remedy to meeting our nation’s challenges. It promotes investment by reducing the tax burden on small business and eliminates the unfair double taxation on dividends.

Increasing tax rate reductions, reducing the marriage tax penalty and increasing the child tax credit are right because they put more money into taxpayers’ pockets, and encourage consumer spending, thus boosting the economic recovery.

Tax cuts clear away barriers to new job creation and new business investment. This economic growth strategy worked for John F. Kennedy in the ’60s, Ronald Reagan in the ’80s and it will work again for George W. Bush.

Olympia Snowe was one of the three (along with John Breaux and George Voinovich) in the Senate proposing to reduce the tax-relief component of Bush’s proposed economic growth plan to $350 billion – less than half the amount the president requested. It is important that we pass a budget because it imposes a measure of fiscal discipline to taxation and spending decisions.

I encourage everyone to support Bush’s tax reduction by contacting Snowe and asking her to work with our president to pass his complete economic growth plan.

Penelope A. Morrell

Belgrade