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Library of Congress.

Aug 18, By Michael Porfido August 18, 33 Comments.

In February, President Bush addressed the rise of inequality for the first time, saying The reason is clear: We have an economy that increasingly rewards education and skills because of that education.

The Democratic Party, led by President Obama, is making the argument that the Bush tax cuts of 20caused the recession of Some campaign talking points are “Driving us in a ditch We’ve tried their way and it didn’t work Tax cuts for the wealthy led to the recession Returning to the failed Estimated Reading Time: 8 mins. Feb 28, InPresident George Bush authorized a tax cut called the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) to stimulate the economy during the recession that year.

2 3 The major provisions were to reduce marginal income tax rates and reduce and eventually repeal estate bushremoval.buzzg: Weston MA. Oct 23, The biggest tax policy changes enacted under President George W. Bush were the 20tax cuts, often referred to as the “Bush tax cuts” but formally named the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA).

High-income taxpayers benefitted most from Estimated Reading Time: 11 mins. Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent.

In December, he wrote emphasis added.

[28] The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by abouttrillion between and [29]Estimated Reading Time: 12 mins.

While there are many reasons that can cause a recession in a country, it seems like the United States has more than one to worry about. Not only does Herbert talk about the fact that the war in Iraq is a big spending factor but he also talks about how tax-cuts affect the government bushremoval.buzzg: Weston MA.