Bush Visits St. Louis to Promote Tax Cuts
St. Louis, MO – President Bush is urging Congress to immediately enact a tax relief plan that's scheduled to take effect in a few years. Speaking Wednesday at J.S. Logistics, a small trucking business in south St. Louis, the president said that plan will lower some taxes by five percent, eliminate parts of the marriage penalty and increase the child tax credit from $600 to $1,000.
Mr. Bush says though federal lawmakers have already approved these changes, they won't take effect until 2006.
The president is also promoting a tax relief plan that he says will save 23-million small business owners an average of $2,000 dollars a year.