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Congress enacted tax cuts to families in and investors in

Jul 17, If the tax cuts delivered to the wealthy by President Bush are the shining beacon of policy to be used when making the case that reducing taxes leads to increased jobs numbers, tax hawks are going Author: Rick Ungar. Jan 24, The phrase Bush tax cuts refers to changes to the United States tax code passed originally during the presidency of George W.

Bush and extended during the presidency of Barack Obama, through.

Economic Growth and Tax Relief Reconciliation Act of (EGTRRA); Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA); Tax Relief, Estimated Reading Time: 12 mins. Dec 04, As Congress debates solutions to the “fiscal slope” the future of the Bush Tax Cuts on incomes over, continues to play a. Jul 11, Virginia West Virginia Vermont Gillespie -- a former top aide to Bush -- said"the fact is, under the Bush tax cuts, we did have 52 months of.

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

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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. Dec 10, 1. The Bush Tax Cuts Are Costly. Policymakers enacted the Bush tax cuts in 20and extended them in; they are set to expire at the end of As the first chart shows, the tax cuts have been a key driver of the federal deficit and will account fortrillion in deficits over the period if extended.