Oct 11, Unless Congress acts soon, almost all of the"Bush tax cuts" and credits that were enacted in 20will expire at the end of this year. Most financial analysts and Washington insiders say. Jan 16, Fox News showed this chart of what would happen if the Bush tax cuts expired. Disastrous, right? What do you thinki IF BUSH TAX CUTS EXPIRE TOP TAX RATE 42% JAN 1, p ET FOXIC TOP STORIES VITH THE JUSTICE DEPARTMENT AND AQUIRES FULLT, Dow sar 꾜 NASDAQ Fox Business Flash top headlines for September 1.
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How can anyone say that the Bush tax cuts only favored the rich. If anything, the middle class got the biggest cut. But liberals still insist that the rich paid less under Bush. Wrong again. The IRS data shows that in the top 1% of earners paid 84 Billion MORE in taxes than they did inbefore the tax cuts.
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. Aug 01, Dishonest Fox Chart: Bush Tax Cut Edition.
Fox Business used a graphic with a badly distorted scale to exaggerate the effect that the expiration of the Bush tax cuts would have on the rich. Here's.