The tax cut introduced by former President George Bush once again dialed back the.

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.

Oct 23, This figure is based on a compilation of Congressional Budget Office (CBO) cost estimates that includes both the revenue and outlay effects of all major tax legislation enacted during the George W. Bush Administration: the EGTRRA, the JGTRRA, the Working Families Tax Relief Act ofand the Tax Increase Prevention and Reconciliation Act of (enacted in ).

It also includes the costs of provisions extending these tax cuts Estimated Reading Time: 11 mins. Jul 11, Congress began cutting taxes during this period with legislation in 20and two subsequent laws that accelerated and extended some of the 20provisions during the period. These changes are known as the Bush tax cuts, which were scheduled to expire after PERSONAL INCOME TAX. Bush Tax CutsMissing: congressional makeup. Prepared for Members and Committees of Congress The Bush Tax Cuts and the Economy Thomas L.

Hungerford Specialist in Public Finance December 10, Congressional Research Service bushfalling.bar Employment Levels During Selected Recessions 88 90 92 94 96 98 Cited by: 1. Mar 12, President George W. Bush has remained remarkably constant in pushing histrillion tax cut, although the reasons he has given for supporting it have varied with the political winds.

During Missing: congressional makeup. Aug 14, President Bush came into office promising a range of income tax cuts. He succeeded in getting a 10‐ yeartrillion tax cut plan through Congress in It was the largest tax cut Missing: congressional makeup.