Press Releases

ASI Statement Following Senate Tax Vote

December 15, 2010   Bookmark and Share

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."