Tips and strategies on how to use the new tax law to lower your taxes. The Economic Growth and Tax Relief Reconciliation Act of 2001 has affected all taxpayers-and promises to do so for the next decade. Do you know how you're going to benefit from the new tax legislation?. When you need up-to-the-minute answers to your tax-planning questions, turn to the most reliable and authoritative source: Ernst & Young. From the authors who brought you The Ernst & Young Tax Guide-The Ernst & Young Tax Saver's Guide 2003 offers unparalleled advice and techniques that will help you lower your taxes. Packed.