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By, the revenue loss again exceeds 2.

Even if the starve the beast strategy worked in the sense that tax cuts restrained government spending and that such restraint was desirable, the result would not justify the Bush administration's tax cuts or an effort to make them permanent for three reasons.

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).Estimated Reading Time: 11 mins. Sep 20, Although extending a portion of the Bush tax cuts is good news -- and, not coincidentally, good politics -- the decision to allow tax hikes on businesses demonstrates that the Obama administration has learned nothing after a year of failed economic policy.

The true engine of American economic growth and job creation is small businesses. Nov 28, Critics of the Bush tax cuts often dismiss the tax changes as a failed experiment in free-market economics. Noting that economic growth was slower in the years following the cuts than in the years preceding them, some critics see the experience as evidence that tax cuts simply do not work. But the claim that these tax cuts exemplified free-market economic thinking is treemulching.buzzted Reading Time: 5 mins.

Feb 08, But critics worry the cuts are too big and should be used to pay down the national debt. Join Juan Williams and guests for a look at President Bush's tax-cut plan, whether it'll. Aug 13, The Democrats appear to be sitting on a golden ticket when it comes to ending the economic crisis.

Furthermore, the solution to this country's economic woes wouldn't require them to do a thing, short of allowing the Bush tax cuts to expire (as required by law) and appropriating the money for renewed stimulus and in aiding states to cover their budget deficits. An Economic Assessment of Tax Policy in the Bush Administration, Sep 14, Bush tax cuts The cutting edge.

who will be seen as allowing taxes to rise at a moment of economic weakness. Filling the void A state court blocks North Carolina. Feb 14, The act reduced the top corporate tax rate from 35% to 21%- a 40% reduction.

Actual corporate income tax revenue in FY wasbillion.