Congressman Bill Shuster, Proudly serving the Ninth District of Pennsylvania
  For Immediate Release:   Contact:  Jeff Urbanchuk
April 26, 2007 202-225-2431
 

The Tax Cuts Are Working, Proof is in the Numbers

Dow Breaks 13,000, Treasury Collects Record $48.7 Billion in Taxes on One day

 

 
Washington, DC – Today, Congressman Bill Shuster released the following statement after learning of strong economic news from the financial markets and the US Treasury: 

“First, the DOW Industrial broke the 13,000 mark for the first time in its history.  Then, the US treasury reported an all time record for one-day tax receipts in the amount of $48.7 billion dollars.  This is proof that low taxes create greater economic opportunity that improves the lives of taxpayers and grows our economy. 

Cutting the tax burden on America’s workers allows them to keep more money in their pockets for investment, and purchases of goods and services that adds to the overall strength of the economy.   

Today’s news is more evidence that the responsible thing for Congress to do is to reauthorize the tax cuts of 2001 and 2003 and follow a path that embraces fiscal responsibility and economic freedom for all Americans

 
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