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Contention 2.

Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent. 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 Estimated Reading Time: 12 mins.

Feb 28, The Bush tax cuts were two tax code changes that President George W. Bush authorized during his first term. Congress enacted tax cuts to families in and investors in They were supposed to expire at the end of Instead, Congress extended them for two more years, and many of the tax provisions remain in effect- and continue to affect the. Jan 06, In the meantime, long-term unemployment benefits have been extended for 13 months.

Estate tax.

Government shutdowns:, - Jan -

This was a point of great contention between political parties debating the merits of the Tax Relief Bill. In the end, the plan includes an estate tax that allows the first 10 million of a couple's estate to pass to `their heirs without bushfall.buzzted Reading Time: 5 mins.

Sep 11, This quirk in the tax code is the result of the Bush tax cuts, which started phasing out estate taxes a decade ago. Next year, if Congress does nothing, the taxes will go back up to their pre Estimated Reading Time: 4 mins. Review opinions on the online debate Resolved: The Bush Tax Cuts for the Wealthy Should Not be Extended. The recently enacted “Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of ” is a sweeping tax package that includes, among many other items, an extension of the Bush-era tax cuts for two tree pruning croydon, 1950 Newburyport MA, estate tax relief, a two-year “patch” of the alternative minimum tax (AMT), a two-percentage-point cut in employee-paid payroll taxes and in self.