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As a result, effective marginal tax rates fall by just two to three.

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. The major provisions were to reduce marginal income tax rates and reduce and eventually repeal estate tax.

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; P.L. ) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA; P.L. ). These tax cuts, which are. Sep 14, The cuts in question are tax changes that were enacted during the Bush administration that dramatically cut income and estate tax rates and revenues.

The key bills were passed in 20Estimated Reading Time: 9 mins. 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 Jobs and Growth Tax Relief Reconciliation Act of Tax Relief, Unemployment Insurance Estimated Reading Time: 12 mins. 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.