Author Question: why were the bush tax cuts created? (Read 1527 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?

Adult head lice are gray, about ? inch long, and often have a tiny dot on their backs. A female can lay between 50 and 150 eggs within the several weeks that she is alive. They feed on human blood.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Autoimmune diseases occur when the immune system destroys its own healthy tissues. When this occurs, white blood cells cannot distinguish between pathogens and normal cells.

For a complete list of videos, visit our video library