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So you got to correct that imbalance; otherwise you're not doing.

Sep 14, Many Congressional Republicans distance themselves from Gov George W Bush'strillion, year tax cut plan, calling instead for debt reduction and bite-size tax cuts, strategy that plays Estimated Reading Time: 7 mins. Oct 23, The biggest tax policy changes enacted under President George W. Bush were the 20tax cuts, often referred to as the “Bush tax cuts” but formally named the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA).

High-income taxpayers benefitted most from these tax cuts, with the top 1 percent of households receiving an average tax Estimated Reading Time: 11 mins. Feb 28, The Bush tax cuts were two tax code changes that President George W. Bush authorized during his first term.

They were supposed to expire at the end of

Congress enacted tax cuts to families in and investors in They were supposed to expire at the end of Instead, Congress extended them for two more years, and many of the tax provisions remain in effect- and continue to affect the economy- to this day. The CBO has calculated that the Bush era tax cuts have directly placed the U.S.

in it's current dangerous economic condition. The CBO stated; If the Clinton era tax rates were still in place, the national debt (which wastrillion when George W. Bush left office) would have now been completely payed off.

Jan 26, Eliminate All Bush Era Tax Cuts and Reduce the National Debt by 50% by MHColbert The CBO has calculated that the Bush era tax cuts. Aug 04, You’d think that the expiring tax cuts for the wealthy would present a dilemma to Republicans, who suddenly rediscovered the evils of budget deficits on Jan. 20,after George W. Bush. Apr 22, The Bush tax cuts were enacted in and Together they lowered the effective individual income tax rates for most taxpayers and were phased in over three yearsand Sincethe individual income taxes rates have remained the same, which consists of six tax brackets having rates of 10%, 15%, 25%, 28%, 33% and 35%.