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Jun 06, Today marks the 10 year anniversary of President George W. Bush singing what was the first of several tax cuts that would drive the national economy into deep amounts of debt. Republicans describe the Bush tax cuts as a. Apr 10, Former President George W. Bush spoke on fiscal policy on Tuesday, taking a jab at President Obama's tax plan and expressing a regret on his own cuts ena.
In George W. Bush-era tax cuts expired, increasing the capital gains tax upward from 15 percent to 23 percent, which drove the effective tax rate for the super-rich up to percent- still far lower than the statutory marginal rate of percent that is supposed to be paid on incomes of over, The Bush tax cut helps middle class families pay for today’s bills and save for tomorrow’s needs.
Cut taxes for every taxpayer through lower marginal rates. Replace the current five-rate tax structure of 15, 28, 31, 36 and % with four lower rates of 10, 15, 25 and 33%. Provide the biggest percentage cuts to low and middle income taxpayers. Apr 10, File photo. (Brendan Hoffman/Getty Images)(NEW YORK) -- Making a rare post-presidential policy address, former President George W. Bush said he wishes the “Bush tax cuts” had someone else’s.
True or False. The George W. Bush tax cuts (circa ) were touted by the Bush administration as something good for most American families. As evidence, they pointed out that most Americans (92 million) would receive an average tax reduction of overThe median tax cut was less thanHowever, let the record be clear that extension of the Bush Tax Cuts is not a new relief of taxes but an extension of an existing one. Pelosi et al would lead you to believe that with all of her beneficence, she was providing new tax relief and that would be a lie.
3 Comments CHEATING THE SYSTEM, GEORGE W. BUSH TAX CUTS, Harry Reid, John. 22201 Arlington VA