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The item The and Bush Tax Cuts and Deficit Reduction, electronic resource represents a specific, individual, material embodiment of a distinct intellectual or artistic creation found in Boston University Libraries.

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 shrubpruning.buzzted Reading Time: 11 mins.

Apr 15, Bush believed that tax cuts would stimulate the economy, in Bush pushed a highly controversialtrillion tax cut through Congress. The bulk of the benefits went to wealthy Americans, very similarly to President Reagan's tax plan. A series of tax cuts were enacted early in the George W. Bush Administration by the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA).

These tax cuts, which are collectively known as the Bush tax cuts, were originally scheduled to expire at the end of 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 economy- to this day. Describes current economic and budgetary environment, and discusses revenue loss and distributional effects of Bush Administration tax cut provisions in P.L.the Economic Growth and Tax Relief Reconciliation Act ofand P.L.the Jobs and Growth Tax Relief Reconciliation Act ofboth extended until the end of