Bush's Tax Cut??????

President George W Bush's Tax cut

a. led to a higher budget deficit

b. was not mentioned during the 2000 presidential campaign

c. does not benefit the upper middle class

d. was opposed by most republicans

e. all of the above

1 Answer

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  • 6 years ago
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    A--while in office, $3 trillion was added to the deficit, over half of which are due to the tax cuts. The permanent extension of them is costing about $3 trillion over the next decade.

    http://www.cbpp.org/cms/?fa=view&id=692

    B (he hadn't yet been elected) He did talk about reducing taxes on capital gains and dividends, but not the sweeping cuts after he got into office.

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