[20030512]RS21420_布什总统2003年的减税提议：简要概述.pdf

1 A detailed description of the proposals has been published by the Treasury Department in itsGeneral Explanations of the Administrations Fiscal Year 2004 Revenue Proposals (Washington:Feb. 2003). See http:/www.treas.gov/offices/tax-policy/library/bluebk03.pdf.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21420Updated May 12, 2003President Bushs 2003 Tax Cut Proposal: A Brief Overview David L. BrumbaughSpecialist in Public FinanceGovernment and Finance DivisionSummaryOn January 7, 2003, President Bush announced the elements of a new tax cut planintended to provide a fiscal stimulus to the economy by encouraging consumer spendingand promoting investment. As initially announced, the stimulus package contained anestimated $670 billion in tax cuts over 10 years, and included acceleration to 2003 oftax cuts scheduled to be gradually phased in under the tax cut enacted in 2001;elimination of individual income taxes on corporate-source dividends and capital gains;and an increase in the “expensing” tax benefit for business investment. On February 3,the Administration released fiscal year (FY) 2004 budget documents prov