Feb 28, George W. Bush had vowed to cut taxes during his presidential campaign in When he took office in amidst a recession, he argued that tax cuts would help stimulate the sluggish economy and that the surplus from the Clinton administration could help pay for them. 14 . When did the Bush tax cuts end? Economic Growth and Tax Relief Reconciliation Act of (EGTRRA), the Bush tax cuts (phased down the estate tax and repealed it for ).
Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act Of (extended most of the Bush estate tax cut, but not its full repeal, for two years). Oct 23, The biggest tax policy changes enacted under President George W. Bush were the 20tax cuts, often referred to as the “Bush tax cuts” but formally named the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA).
High-income taxpayers benefitted most from these tax cuts, with the top 1 percent of households receiving an average tax cut Estimated Reading Time: 11 mins. President Bush Helped Americans Through Tax Relief President Bush Trusted Americans With Their Hard-Earned Money, ProvidingTrillion In Relief Through President Bush demonstrated that letting people keep more of their own money leads to economic growth. InAmerica was experiencing the unprecedented triple shock of a recession following the dot-com bust, economic.