The following provisions in the President’s tax relief signed into law from 2001-2005 are scheduled to expire at the end of 2010:

* Creation of the new 10 percent individual income tax bracket.
* Reduction in individual income tax rates above 15 percent rate bracket.
* Reduction of marriage penalties in the standard deduction, 15 percent rate bracket, and the earned income tax credit.
* Lowering the tax rate on capital gains and dividend income to 15 percent (0 percent for the lowest two rate brackets).
* Increase in the child tax credit to $1,000.
* Expansion of the partially refundable additional child tax credit.
* Increase in the child and dependent care tax credit.
* Simplification of the rules for determining income for the earned income tax credit.

According to a Fact Sheet from the Department of the Treasury, millions of Americans will see their taxes go up by billions in 2011 if these measures are not made permanent. Here are some of the figures cited by the Treasury Department:

* More than 5 million low-income individuals and couples will no longer be exempt from individual income tax.

* 115 million taxpayers will see a $1,716 increase;
* 84 million women – $1,970 increase;
* 48 million married couples – $2,726 increase;
* 42 million families with children – $2,084 increase;
* 12 million single women with children– $1,062 increase;
* 17 million seniors – $2,034 increase;
* 26 million small business owners – $3,637 increase.

The Treasury Department predicts that a family of four with two children earning $56,300 (projected increase in income from $50,000 in 2006) will see a 132% increase in their taxes in 2011.