ASI Statement Following Senate Tax Vote
The Alliance for Savings & Investment (ASI) released the following statement in regards to the Senate's passage of the tax package endorsed by President Obama:
"The overwhelming margin by which the Senate voted today to extend the capital gains and dividend tax rates for all taxpayers is a positive step toward sustaining our nation's economic recovery and sends a strong message to the House of Representatives to follow suit.”
“The tax bill passed by the Senate ensures that no American will face a tax hike in 2011. Maintaining current law on dividends and capital gains taxes will incentivize the kind of saving and investing that will create jobs and grow our economy at a time when we most need it.
“We encourage the House of Representatives to pass this legislation immediately and send it to President Obama for his signature."