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Jul 12, A review of data from the White House Office of Management and Budget shows that tax revenues did not consistently increase after the Bush tax cuts went into effect. In FYtax Estimated Reading Time: 3 mins. Aug 02, Bush-Era Tax Cuts Reduce Deficit and Increase Employment. In andCongress passed a series of tax cuts that lowered income tax rates for all Americans. These Bush-era tax cuts expanded the economy by giving all individuals more incentives to create wealth.

Unless Congress acts now, all of these tax cuts will expire on January 1, Nov 28, Critics of the Bush tax cuts often dismiss the tax changes as a failed experiment in free-market economics. Noting that economic growth was slower in the years following the cuts than in the years preceding them, some critics see the experience as evidence that tax cuts simply do not work. But the claim that these tax cuts exemplified free-market economic thinking is stumptrimmers.buzzted Reading Time: 5 mins.

Dec 09, Consider the Reagan tax-rate cuts, the top item in the legacy of the administration in which Bush served as the second-in-command.

All of which is far from what Bush has prescribed, but even further from Kerry.

Circumstances did not change for the worse, budget-deficit Author: Brian Domitrovic. Bush Economists Said Tax Cuts Did Grow the Deficit Lazy Southern Inbred Rednecks Responsible For All Our Problems. Republicans are entitled to their own opinions, but they're not entitled to their own separate reality. When Republican Sen. Jon Kyl said on Fox News that tax cuts had no impact on the deficit, that was bad enough. But Senate.