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The Taxonomist.(President George W. Bush's tax policy)(Brief Article)
THE WAR'S NOT OVER
The awful Bush tax bill has been passed and signed into law. If it takes full effect, it will undermine tax fairness, sharply increase income-and-wealth inequality, and bust the budget for years to come. Some 38 percent of the tax cuts are targeted to the best-off 1.3 million of all taxpayers, while the 78 million individuals and families in the bottom three-fifths of the income scale will share less than 15 percent of the tax breaks. And despite pious claims about fiscal responsibility from Senate "centrists" the final tax plan will cost 20 percent more than what Bush originally proposed once it's fully in place.
But Bush's victory this year is only the first round in a long fight over the future of tax fairness. To keep the enormous tax cuts within the budget target, the plan is phased in fairly…
- Senators Warn Multiple Tax Cuts May Cost Dem Support.(Democrats want only one...
- Magazine article from: Congress Daily AM May 2, 2001 700+ words
...interested in writing only one tax bill this year under reconciliation...Democrats if they plan for tax cuts beyond those contained...penalty provision in a tax bill later in the year. The...to shave four or five tax cuts to fit them into the...
- Tax Bill Gives, Then Takes Away to Balance Tax Cuts, Budget Concerns, Says CCH.
- Press release article from: PR Newswire May 23, 2003 700+ words
...will see a significant expansion of the amount of income included in the 15-percent tax bracket as part of the "marriage penalty relief" in the 2001 tax bill that is being fast-forwarded to 2003. The top end of their 15-percent brac
- State House passes tax bill: The measure, which faces opposition in the Senate,...
- Newspaper article from: Reading Eagle (Reading, PA) December 21, 2005 700+ words
...other items to pay for school property-tax cuts under a bill that cleared the state House...Berks homeowners would see property-tax cuts ranging from an average $537 in the Hamburg...increased to pay for school property-tax cuts. State Rep. Thomas R. Caltagirone...
- GOP leaders on Capitol Hill want even more tax cuts than Bush.(Chicago Tribune)
- News wire article from: Knight Ridder/Tribune News Service Zuckman, Jill February 6, 2001 700+ words
...to tack their own treasured tax cuts onto President Bush's tax bill, potentially enlarging the...least" $1.6 trillion in tax cuts. He also said he would like...colleagues against loving the tax bill "to death." He added...
- Children's Defense Fund: Health Coverage for 1,597,806 Children or Tax Cuts for...
- News wire article from: The America's Intelligence Wire December 2, 2005 700+ words
...for 1,597,806 Children or Tax Cuts for 288,863 of the Wealthiest...capital gains and dividend tax cuts included in the House tax bill. Nine million American children...poor to bear the burden of new tax cuts to the rich. No to both should...
- If People Love Tax Cuts So Much, Why Aren't They Easier To Sell?(A)
- Magazine article from: Investor's Business Daily March 29, 2001 700+ words
...has more than it can use? But if tax cuts are so popular, why haven't...the whole, are pushing upfront tax cuts but opposing bigger cuts down the...to write "triggers" into the tax bill to block tax cuts several years from now if surpluses...
- Prime Minister warns of deflation threat amid more hints of tax cuts.
- News wire article from: Europe Intelligence Wire November 18, 2008 700+ words
...along with fiscal action a" tax cuts a" was the best way to stimulate...AGBP30bn to offer short-term tax cuts would add nearly AGBP1,500 to each income tax bill, he said. "Tax cuts should be for life, not just...
- Senators: Clinton Willing To Accept $295B In Tax Cuts.(Pres Bill Clinton)
- Magazine article from: Congress Daily AM July 20, 1999 700+ words
...to Archer's still-evolving tax bill. House debate on tax cuts is expected this week. Castle...this morning. Traditionally, tax bill rules are narrowly drawn, allowing...moving toward their position on tax cuts, which would more than treble...
- Shrunken tax bill still needs attention in 1998 planning.
- Magazine article from: Accounting Today Jones, George G. Luscombe, Mark A. November 9, 1998 700+ words
Congress has passed a small tax bill that extends expiring provisions...the budget surplus be used for tax cuts, the final tax bill approved as part of the 1998...the conference report on the tax bill. Some additional extensions...
- Talk begins about paring back tax cuts.
- Newspaper article from: The Kiplinger Tax Letter July 6, 2001 700+ words
Talk about paring back the tax cuts is starting to be heard, even though the breaks were...operations. Democrats are starting to crow that this year's tax bill was too large. The tax cuts are safe for a few years at least, in our opinion. Won...
Source: HighBeam Research, The Taxonomist.(President George W. Bush's tax policy)(Brief Article)
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