The fiscal cliff refers to December 31, the date of the expected implementation of.

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 aroundtreenotch.barted Reading Time: 5 mins. Federal Tax Cuts in the Bush, Obama, and Trump Years – ITEP. Oct 23, The biggest tax policy changes enacted under President George W. Bush were the 20Estimated Reading Time: 11 mins.

Feb 28, While proponents of the Bush tax cuts argued that the tax burden was onerous in the Clinton era, critics of the Bush tax cuts argue that the government was not in the prohibitive range of tax rates.

This is just another smokescreen for the right to hide behind in absence of any policies of their own.

Indeed, rather than increase revenue, revenue dropped from to as the Bush tax cuts were initially rolled out. 20 rowsFeb 22, The second, and more critical conclusion from Table 1 is that the next four years of the Bush Author: Harry Jacobson.

Feb 03, From tofederal tax revenues increased bybillion, the largest four-year increase in American history. According to the Treasury Department, individual and Estimated Reading Time: 4 mins.

Archived from the original PDF on October 31,

Apr 10, The problem with this is that the revenue increases following the Bush and Reagan tax cuts are dwarfed by the revenue increase following Bill Clinton’s tax increase on the wealthiest Americans. In fact, as a percentage of GDP, post-Reagan & Bush tax cut revenue falls below the average.

In other words, revenue increased because the economy was recovering/growing, and the tax cuts Estimated Reading Time: 12 mins. Oct 17, After President George W. Bush in signed the largest tax cut since Reagan - including dropping the top marginal rate to 35% from % - government receipts from individual income taxes rose Estimated Reading Time: 5 mins.

Jul 11, Sincetax cuts have reduced federal revenue by trillions of dollars and disproportionately benefited well-off households. From throughsignificant federal tax changes have reduced revenue bytrillion, with nearly two-thirds of.