Retrieved July 19,
Feb 28, InPresident George Bush authorized a tax cut called the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) to stimulate the economy during the recession that year. 2 3 The major provisions were to reduce marginal income tax rates and reduce and eventually repeal estate tax.
Retrieved December 17, - via National Archives.
As a result, it saved taxpayers, but not equally. 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. What Are the Bush Tax Cuts?
These include white papers, government data, original reporting, and interviews with industry experts.
The Bush tax cuts were a series of temporary income tax relief measures enacted by President George W. Bush in Feb 20, Marginal income tax rate reductions. The Bush tax cuts reduced the then percent rate to 35 percent, the 36 percent rate to 33 percent, the 31 percent rate.