Contact: Louise Filkins
WASHINGTON, DC — The Independent Women’s Forum today congratulates members of the U.S. House and Senate for overwhelmingly extending President Bush’s tax cuts, which affect over 94 million Americans. Over the years, IWF has strongly supported key components of this plan which include reductions in income tax rates and the marriage penalty tax.
“These tax cuts are important to women and their families,” said Carrie Lukas, director of policy at the Independent Women’s Forum. “Extending these cuts will provide certainty to businesses and families and encourage economic growth.”
“However, there is much work to be done on improving our tax system,” Lukas continued. “Our tax system is needlessly complex. Policymakers should turn their attention to comprehensive tax reform that simplifies the tax code and encourages savings.
In August, the Independent Women’s Forum released the policy paper, “Taxing Independence: The Price of Feminists’ Love Affair with High Taxes,” which highlights how feminist organizations like the National Organization for Women disserve women by rejecting lower tax rates.
“We need Washington to reduce spending and return money to individuals who know how to spend it better,” Lukas added.