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The Bush Tax Cuts for Businesses . The second change to the tax code was enacted in 2003. Called the Jobs and Growth Tax Relief Reconciliation Act (JGTRRA), it was introduced to provide a series ...
The Senate on Monday voted along party lines that making the expiring 2017 tax cuts permanent as part of President Trump’s ...
As president, George W. Bush was more successful than his father at cutting taxes. After getting enactment of across-the-board cuts in income tax rates in 2001, he wanted another tax cut to ...
President George W. Bush gestures as he addresses the National Newspaper Association meeting in Washington on March 22, 2001. Bush's tax cuts are set to expire at the end of next year, putting the ...
What it would mean to your taxes if the Bush tax cuts expire Dec. 13, 2012 -- Editor's Note: This is the latest in an ongoing series about the building blocks that lawmakers could put on the table ...
Prior to the Bush tax cuts, the tax rate on capital gains was 20 percent. Dividends were taxed at the same rate as wage and salary income; therefore, most were taxed at 39.6 percent.
President George W. Bush signed his first major round of tax cuts in 2001, reveling in a surplus and describing the reductions as giving extra federal funds back to taxpayers. Ten years later, the ...
The 10-year-old Bush tax cuts are clearly an economic failure that has made our country fiscally weaker, write Michael Linden and Michael Ettlinger. President George W. Bush is welcomed to Omaha ...
It is projected that repealing the Bush tax cuts would nudge 2050 revenues up to 23.7 percent of GDP, not counting any revenue losses from the negative economic impact of the tax hikes.
The tax cuts enacted in 2001 and 2003, known as the Bush tax cuts, are set to expire Dec. 31, and the fight over what to do is increasingly heated.
But since the beginning of the 21st century, a series of tax cuts under presidents George W. Bush and Donald Trump have shattered the link between tax revenues and employment.
The “Bush tax cuts” are the product of two staggered tax reforms: the Economic Growth and Tax Relief Reconciliation Act of 2001 and the Jobs and Growth Tax Relief Reconciliation Act of 2003. The 2001 ...