HR 1955

1	House Resolution
2	A resolution requesting the members of the Congressional
3	Delegation of the State of Florida to support federal
4	legislation to make the federal tax cuts permanent.
5
6	WHEREAS, each year President Bush has proposed and Congress
7	has enacted a tax cut designed to strengthen the American
8	economy and increase employment opportunities for working
9	families, and
10	WHEREAS, tax cuts signed into law reduced income taxes for
11	all taxpayers, eliminated the marriage penalty and death tax,
12	increased the child credit rebate and business expensing,
13	expanded Individual Retirement Accounts, and cut the double
14	taxation of dividends and capital gains, and
15	WHEREAS, economic growth stemming from the latest tax cut
16	accelerated at its fastest rate in twenty years in the third
17	quarter of 2003, and
18	WHEREAS, provisions set forth in the tax cuts are set to
19	expire starting in 2005 and will be completely phased out by the
20	year 2012, and
21	WHEREAS, expiration of the existing tax cuts will increase
22	taxes by 50 percent for lower-income families, the child-credit
23	will fall by 50 percent, the marriage penalty will be
24	reinstated, education savings will be taxed, retirement savings
25	will shrink, and every taxpayer will face an income tax
26	increase, and
27	WHEREAS, expiration of the existing tax cuts will result in
28	the largest tax increase in American history and stifle economic
29	growth, and
30	WHEREAS, making all the tax cuts permanent will allow
31	taxpayers to feel more confident investing in their children's
32	college education or saving for retirement, all while ensuring
33	increased economic growth, NOW, THEREFORE,
34
35	Be It Resolved by the House of Representatives of the State of
36	Florida:
37
38	That the House of Representatives of the State of Florida
39	requests our elected Representatives and Senators in the United
40	States Congress to support and vote to make President Bush's tax
41	cuts permanent.
42	BE IT FURTHER RESOLVED that copies of this resolution be
43	transmitted to the members of the Congressional Delegation of
44	the State of Florida.

CODING: Words stricken are deletions; words underlined are additions.