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Bush Tax C... Featured News
House GOP plans vote on fiscal cliff 'Plan B'
Boehner's 'Plan B' immediately encounters opposition
John Boehner has placed tax increases for the wealthy on the table
Obama to appeal to public on fiscal cliff
Republicans soften stance on anti-tax pledge
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Bush tax cuts - Wikipedia
The Bush tax cuts reduced income taxes for those earning over $1 million by $110,000 per year on average during the 2004–2012 period. The tax cuts made the tax system less progressive.
Placing Biden and Trump Tax Proposals in Historical Context
The American Taxpayer Relief Act of 2012 extended many of the Bush-era tax cuts, among other tax changes. By comparison to the largest historical tax cuts, the 2017 Tax Cuts and Jobs Act ( TCJA ) enacted under Trump ranks as the 10 th largest tax cut since 1940, reducing tax revenues by an annual average of 0.69 percent of GDP, according to ...
The Bush Tax Cuts and Their Impact on the Economy - The Balance
President George W. Bush authorized two significant tax cuts in 2001 and 2003 and an income tax rebate in 2008. President Barack Obama made a good many of these provisions permanent when he signed the American Taxpayer Relief Act in 2012.
Looking Back at the Bush Tax Cuts, Fifteen Years Later
The “fiscal cliff” deal cemented the vast majority of the 2001 and 2003 Bush tax cuts into permanent law. According to one estimate, 82 percent of the Bush tax cuts were made permanent in 2012, while only 18 percent were allowed to expire.
Economic Growth and Tax Relief Reconciliation Act of 2001
Collectively, the Bush tax cuts reduced federal individual tax rates to their lowest level since World War II, and government revenue as a share of gross domestic product declined from 20.9% in 2000 to 16.3% in 2004.
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