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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 these tax cuts, with the top 1 percent of households receiving an average tax cut Estimated Reading Time: 11 mins. 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) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA). These tax cuts, which are collectively known as the Bush tax cuts, were originally scheduled to expire at the end of 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 Jun 07, While the Bush tax cuts are no longer a hot political issue, it is worth remembering that the future of the cuts occupied the attention of the tax policy community for over a decade.

Much of the bill has now been made into permanent law. The “fiscal cliff” deal cemented the vast majority of the 20Bush tax cuts into permanent bushfall.buzzted Reading Time: 7 mins.

Feb 15, The 20Bush Tax Cuts: Economic Effects of Permanent Extension. If Congress does not act soon, millions of taxpayers will see their tax. Jan 26, Demand that Congress allow the phaseout of Bush tax-cuts of 20MHColbert The top 1 percent of families hold half.