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September 9, - via The Christian Science Monitor.

Feb 20, The Bush tax cuts reduced the then percent rate to 35 percent, the 36 percent rate to 33 percent, the 31 percent rate to 28 percent, and the 28 percent rate to 25 percent. It created a new Nov 28, Critics of the Bush tax cuts often dismiss the tax changes as a failed experiment in free-market economics.

Lesson 1: Tax cuts without spending cuts are not tax cuts; they are tax deferrals.

Noting that economic growth was slower in the years following the cuts than in the years preceding them, some critics see the experience as evidence that tax cuts simply do not work. But the claim that these tax cuts exemplified free-market economic Estimated Reading Time: 5 mins. Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent. [28] The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by abouttrillion between and [29]Estimated Reading Time: 12 mins.

No Congressperson wanted to jeopardize re-election by voting against a proposed extension to the Bush tax cuts and thereby raising taxes on low- and middle-income Americans.

Feb 28, The Bush tax cuts were two tax code changes that President George W. Bush authorized during his first term. 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.

Jan 29, Myth #8: Tax cuts help the economy by"putting money in people's pockets." Fact: Pro-growth tax cuts support incentives for productive behavior. Myth #9: The Bush tax cuts have not helped the economy. BUSH TAX CUTS According relies on data the authors ma de availabl e on the web: h ttp://elsa.b treemulch.buzz~ saez/treemulch.buzz 2 6 H igh est-IIncn co mme Hous e H o us eh o ldldss Have S H a ve Seeen Sen Sh a rp Dp Dr roop ps iin Tn Taa x Rx Ra tetess.