However, on January 2, President Obama signed the American Taxpayer.

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. As a result, it saved taxpayers, but not equally. 7 rowsOct 23, The biggest tax policy changes enacted under President George W.

Bush were the 20Estimated Reading Time: 11 mins. Jun 07, As a result, the future of the Bush tax cuts became a major campaign issue in as well. Estimated Reading Time: 7 mins. The Bush tax cuts were a series of temporary income tax relief measures enacted by President George W.

Bush in and They occurred through two pieces of legislation: the Economic Growth. Jul 11, These changes are known as the Bush tax cuts, which were scheduled to expire after During the Obama Administration, Congress enacted economic recovery legislation that created the Making Work Pay Credit, which was in effect for two years ( and ).

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.

May 26, According to CTJ, the Bush tax cuts that were passed up through (the 20cuts as well as other smaller cuts inand ) ended up costing the Treasury approximatelytrillion in foregone revenue from to CTJ claims that if you add interest payments, that number goes up to aroundtreeclearing.barted Reading Time: 5 mins.