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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 economy- to this day.

Jan 24, On January 1,the Bush Tax Cuts expired. However, on January 2,President Obama signed the American Taxpayer Relief Act ofwhich reinstated many of the tax cuts, effective retroactively to January 1. The Act did not repeal the increase in the highest marginal income tax rate (from 35% to %) which had been imposed on Estimated Reading Time: 12 mins. Jan 02, January 2, With Tuesday’s House vote, the George W.

Bush tax cuts, born inreach a new milestone. Originally scheduled to expire at Estimated Reading Time: 5 mins. Jul 15, When former President George H.W. Bush referred to Reaganomics as"voodoo economics", he was right on target. Let Bush tax cuts expire in Letters To Editor bushfall.buzz Thank you for reading! Feb 20, The Bush tax cuts reduced the then percent rate to 35 percent, the 36 percent rate to 33 percent, the 31 percent rate to 28 percent, and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA) Although the Bush Tax Cuts were set to expire at the end ofthey were extended under President Barack Obama by a two years as part of a larger tax and economic package: Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of