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Author Question: why were the bush tax cuts created? (Read 1647 times)

curlz

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on: Jul 16, 2013
wanted to kno for my homework.


hummingbird

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Reply #1 on: Jul 16, 2013
To make it easier for people to do what they want to do, and limiting the governments power. So, basically, insuring the survival of the Middle-Class.


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Jesse_J

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Reply #2 on: Jul 16, 2013
He inherited an economy in a mess - the stock market crashed bringing up alarm about a new depression (sound familiar?).  The across the board tax cuts were designed to stimulate the economy by giving people and industries more money to spend.  In retrospect, it was a complete success and even spurred more tax money to the government from the increased spending.


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