Alan Greenspan Gives Bush Tax Cut a Boost; Firestorm Over John Ashcroft Rages On Aired January 25, - p.m.
ET THIS IS A RUSH TRANSCRIPT. THIS COPY MAY NOT BE IN ITS FINAL FORM AND MAY BE UPDATED. (BEGIN VIDEO CLIP) ALAN GREENSPAN, CHAIRMAN, FEDERAL RESERVE: Having the tax cut in place may, in fact, do noticeable. Jul 16, Former Federal Reserve Chair Alan Greenspan says the Bush tax cuts should be allowed to lapse. Greenspan, who as the nation's top central banker in andpushed for the Bush tax cuts, now. Aug 07, Rather than keeping tax rates steady for all but the wealthiest Americans, as the White House wants, Mr.
Greenspan is calling for the complete repeal of the 20tax cuts, brushing aside Estimated Reading Time: 7 mins. Feb 13, By Edmund L. Andrews. Feb. 13, Alan Greenspan, the Federal Reserve chairman, said on Thursday that Congress should make President Bush's tax cuts permanent only if it made up for the lost Estimated Reading Time: 4 mins.
Oct 23, 33%. Above, %. 35%. a Based on tax brackets for a married couple inrounded to the nearest 1, The 20tax cuts also phased out the estate tax, repealing it entirely in In addition, the tax cuts included three components that are often referred to as “middle-class” tax cuts.
Aug 12, Rather than keeping tax rates steady for all but the wealthiest Americans, as the White House wants, Mr. Greenspan is calling for the complete repeal of the 20tax cuts, brushing aside the arguments of Republicans and even a few Democrats that doing so could threaten the already shaky economic recovery. Both the White House and congressional tax-cut advocates leaped at Greenspan's comments as a flat-out endorsement of Bush's year,trillion tax-cut package.
But Democrats pasted the president's plan as overly large even as they signaled a readiness to acceptbillion, or more than half again the roughlybillion they'd previously.