Author Question: why were the bush tax cuts created? (Read 1138 times)

curlz

  • Hero Member
  • *****
  • Posts: 538
wanted to kno for my homework.



hummingbird

  • Sr. Member
  • ****
  • Posts: 324
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

Jesse_J

  • Sr. Member
  • ****
  • Posts: 282
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.



 

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

Did you know?

Drugs are in development that may cure asthma and hay fever once and for all. They target leukotrienes, which are known to cause tightening of the air passages in the lungs and increase mucus productions in nasal passages.

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

For a complete list of videos, visit our video library