[20060510]RS21992_延长2001、2003和2004年的减税政策.pdf

Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS WebOrder Code RS21992Updated May 10, 2006Extending the 2001, 2003, and 2004 Tax CutsGregg A. Esenwein Specialist in Public FinanceGovernment and Finance DivisionSummaryThe Economic Growth and Tax Relief Reconciliation Act of 2001 reducedmarginal income tax rates, provided marriage tax penalty relief, provided temporaryrelief from the alternative minimum tax (AMT), and increased the child tax credit. Allof the acts provisions are scheduled to sunset (revert to prior law levels) at the end of2010. The Jobs and Growth Tax Relief Reconciliation Act of 2003 accelerated theimplementation of certain tax reductions originally enacted in the 2001 act. The 2003act also reduced the tax rate on dividend and long-term capital gains income. Thedividend and capital gains tax relief is scheduled to expire after 2008. The WorkingFamily Tax Relief Act of 2004 extended many of the tax provisions scheduled to expireat the end of 2004. The 2004 tax reductions, however, are still scheduled to sunset after2010 as the original 2001 legislation required.Since all of the tax reductions expire at some point