Contemporary issues Bowles-Simpson Commission Bush tax cuts Debt ceiling history Deficit reduction Fiscal cliff.

Dec 17, President Obama, joined by Vice President Biden, speaks before signing tree removal nelson bc compromise bill that extends the Bush-era tax cuts for all Americans, December 17, Estimated Reading Time: 5 mins.

Nov 23, Updated November 23, When people refer to President Obama's tax cuts, they generally refer to thebillion tax cut deal signed in It extended the Bush tax cuts through and unemployment benefits through It cut payroll taxes by 2 percentage points, addingbillion to workers' spendable bushmulching.barted Reading Time: 8 mins. Jul 11, After a protracted debate, Congress and President Obama agreed at the end of to extend the Bush tax cuts for two years, and They allowed the Making Work Pay Credit to expire but replaced it with a payroll tax “holiday” which reduced Social Security payroll taxes paid inand this was eventually extended through Jan 03, The American Taxpayer Relief Act of (ATRA), which President Obama signed into law last night, makes permanent 82 percent of President Bush’s tax cuts.

The Joint Committee on Taxation (JCT) and Congressional Budget Office estimate that making permanent all of the Bush tax cuts would have costtrillion over Estimated Reading Time: 4 mins. Feb 28, InPresident Obama signed the American Taxpayer Relief Act ofwhich made permanent 82% of the Bush tax cuts.

19 Bush tax cut provisions that expired included reduced income, capital gains, and dividend tax rates, limits on personal exemptions, and reduced estate tax rates. Economic Impacts of the Bush Tax Cuts.

Authors Steve Wamhoff Matthew Gardner.

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 aroundtrillion. Dec 07, That's why Obama caved. In the end, everybody's taxes would have gone up. But earlier this year Deutsche bank concluded that letting the Bush-era tax cuts Estimated Reading Time: 6 mins.