White House Fact Sheet on the economy. Worth reading the whole thing.
For example, if none of the President’s tax relief had been enacted, in 2004:
* 111 million Americans would pay, on average, $1,586 more in taxes;
* 81 million women would pay, on average, $1,878 more in taxes;
* 49 million married couples would pay, on average, $2,602 more in taxes;
* 43 million families with children would pay, on average, $2,090 more in taxes;
* 11 million single women with children would pay, on average, $921 more in taxes;
* 14 million elderly individuals would pay, on average, $1,883 more in taxes;
* 25 million small businesses would pay, on average, $3,001, more in taxes; and
* Nearly 5 million individuals and families who currently have no income tax liability would become subject to the income tax. |