
May 31, 2001
Orthodox
Union Applauds Aspects Of
Recently Signed Tax Law
Today, the
Union of Orthodox Jewish Congregations of
America, through its Institute for Public Affairs, applauded several family friendly aspects of the tax legislation passed and enacted last week.
The tax package contains two measures directly of benefit to families: an expansion of the per-child deduction and a reduction of the tax code's "marriage penalty." Importantly, the law makes the per-child deduction refundable, so low-income families can benefit from it as well.
The package also contains two education-related measures the Union has long supported: the expansion of tax-free education savings accounts to K-12 education expenses, and making a portion of college tuition payments tax deductible.
Nathan Diament, director of the Union's Institute, stated that "these elements of the tax relief legislation will be of immediate and direct benefit to many American families. Along with their material benefits, they provide an important message of reinforcement for the centrality of the traditional family and its role in America's public policy." ###



Union of Orthodox
Jewish Congregations of America
Institute for Public Affairs
Main Office:
11 Broadway
New York, NY 10004
Phone: 212-613-8124 Fax: 212-564-9058
E-mail: ipa@ou.org |
Washington Office:
1640 Rhode Island Ave NW
Washington, DC 20036
Phone: 202-857-2770 Fax: 202-331-916
E-mail: ipadc@ou.org |
Prof.
Richard Stone, Chairman
Nathan Diament, Director
Betty Ehrenberg, Director, International
Affairs & Communal Relations
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