14:40
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Rachel Maddow - Bush tax cuts leave stinging legacy
April 10, 2012 Rachel Maddow reports on the latest news off the campaign trail following R...
published: 16 Apr 2012
author: Licentiathe8th
Rachel Maddow - Bush tax cuts leave stinging legacy
Rachel Maddow - Bush tax cuts leave stinging legacy
April 10, 2012 Rachel Maddow reports on the latest news off the campaign trail following Rick Santorum's exit and former president George W. Bush's re-entry ...- published: 16 Apr 2012
- views: 3968
- author: Licentiathe8th
5:50
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10th Anniversary of Bush Tax Cuts (Analysis)
10 years after president George Bush and Republicans in Congress pushed forward with tax c...
published: 08 Jun 2011
author: TheYoungTurks
10th Anniversary of Bush Tax Cuts (Analysis)
10th Anniversary of Bush Tax Cuts (Analysis)
10 years after president George Bush and Republicans in Congress pushed forward with tax cuts for the rich Cenk Uygur breaks down the damage. On Facebook: ht...- published: 08 Jun 2011
- views: 16595
- author: TheYoungTurks
13:28
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The Bush Tax Cuts
Economics and politics of President George W. Bush's tax cuts....
published: 28 Aug 2006
author: Lee A. Arnold
The Bush Tax Cuts
The Bush Tax Cuts
Economics and politics of President George W. Bush's tax cuts.- published: 28 Aug 2006
- views: 43423
- author: Lee A. Arnold
2:27
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Explain it to me: Bush-era tax cuts
With Obama's decision to extend the Bush-era tax cuts, CNN's Ali Velshi explains the impor...
published: 07 Dec 2010
author: CNN
Explain it to me: Bush-era tax cuts
Explain it to me: Bush-era tax cuts
With Obama's decision to extend the Bush-era tax cuts, CNN's Ali Velshi explains the important things to know.- published: 07 Dec 2010
- views: 1093
- author: CNN
8:53
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Thom Hartmann: What America Has Given Up For 10 Years of Bush Tax Cuts
For more signs that we are in a Great Depression and not just a Great Recession - consider...
published: 08 Jun 2011
author: TheBigPictureRT
Thom Hartmann: What America Has Given Up For 10 Years of Bush Tax Cuts
Thom Hartmann: What America Has Given Up For 10 Years of Bush Tax Cuts
For more signs that we are in a Great Depression and not just a Great Recession - consider this fact - today - over 6 million Americans - more than 45% of al...- published: 08 Jun 2011
- views: 2473
- author: TheBigPictureRT
2:13
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President Bush: Bush Tax Cuts Destroyed US Economy
George Bush explains: The Bush Tax Cuts created a "Depression Greater than the Great Depre...
published: 22 Oct 2012
author: keepemhonest2
President Bush: Bush Tax Cuts Destroyed US Economy
President Bush: Bush Tax Cuts Destroyed US Economy
George Bush explains: The Bush Tax Cuts created a "Depression Greater than the Great Depression." I created this video with the YouTube Video Editor (http://...- published: 22 Oct 2012
- views: 2985
- author: keepemhonest2
14:26
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Obama Tax Cuts - Worse Than Bush Plan?
"The retention of 98 percent of the Bush tax cuts by the most liberal president to hold of...
published: 04 Jan 2013
author: The Young Turks
Obama Tax Cuts - Worse Than Bush Plan?
Obama Tax Cuts - Worse Than Bush Plan?
"The retention of 98 percent of the Bush tax cuts by the most liberal president to hold office reminds us that a mere four years after leaving office, George...- published: 04 Jan 2013
- views: 33060
- author: The Young Turks
6:40
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Proof Bush Tax Cuts Failed Miserably
So How Did the Bush Tax Cuts Work Out for the Economy? - http://www.tax.com/taxcom/taxblog...
published: 28 Sep 2010
author: The Young Turks
Proof Bush Tax Cuts Failed Miserably
Proof Bush Tax Cuts Failed Miserably
So How Did the Bush Tax Cuts Work Out for the Economy? - http://www.tax.com/taxcom/taxblog.nsf/Permalink/CHAS-89LPZ9?OpenDocument.- published: 28 Sep 2010
- views: 21122
- author: The Young Turks
2:23
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Babson Capital - UNC Charlotte Economic Forecast - The Bush Tax Cuts
John Connaughton, Ph.D., Babson Capital Professor of Financial Economics, Belk College of ...
published: 06 Jun 2012
author: unccharlottevideo
Babson Capital - UNC Charlotte Economic Forecast - The Bush Tax Cuts
Babson Capital - UNC Charlotte Economic Forecast - The Bush Tax Cuts
John Connaughton, Ph.D., Babson Capital Professor of Financial Economics, Belk College of Business, UNC Charlotte gives highlights from his June 2012 Babson ...- published: 06 Jun 2012
- views: 62
- author: unccharlottevideo
9:14
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John McCain Ardently OPPOSING Bush Tax Cuts (3/18/03)
John McCain now supports the Bush tax cuts- that he twice opposed- and will increase the d...
published: 17 Apr 2008
author: DemRapidResponse
John McCain Ardently OPPOSING Bush Tax Cuts (3/18/03)
John McCain Ardently OPPOSING Bush Tax Cuts (3/18/03)
John McCain now supports the Bush tax cuts- that he twice opposed- and will increase the deficit and let the national debt swell with his irresponsible tax c...- published: 17 Apr 2008
- views: 5840
- author: DemRapidResponse
2:42
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McCain: I'd Still Vote Against Bush Tax Cuts
John McCain on Hannity & Colmes....
published: 29 Dec 2007
author: lysime99
McCain: I'd Still Vote Against Bush Tax Cuts
McCain: I'd Still Vote Against Bush Tax Cuts
John McCain on Hannity & Colmes.- published: 29 Dec 2007
- views: 9035
- author: lysime99
2:21
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Town Hallers Embarrass Rep. Over Bush Tax Cuts
Rep. Randy Hultgren (R-IL) was confronted by constituents at a town hall in Geneva over th...
published: 25 Aug 2011
author: TheYoungTurks
Town Hallers Embarrass Rep. Over Bush Tax Cuts
Town Hallers Embarrass Rep. Over Bush Tax Cuts
Rep. Randy Hultgren (R-IL) was confronted by constituents at a town hall in Geneva over the Bush tax cuts failing to create jobs. The Congressman was stumped...- published: 25 Aug 2011
- views: 36771
- author: TheYoungTurks
4:29
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Rob Cornilles and David Wu debate Bush tax cuts
Rob Cornilles and David Wu debate Bush tax cuts....
published: 13 Sep 2010
author: TheOregonPolitico
Rob Cornilles and David Wu debate Bush tax cuts
Rob Cornilles and David Wu debate Bush tax cuts
Rob Cornilles and David Wu debate Bush tax cuts.- published: 13 Sep 2010
- views: 604
- author: TheOregonPolitico
67:14
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What Is Wrong with the Bush Tax Cuts? Joseph Stiglitz on Tax Policy in the United States (2003)
The phrase Bush tax cuts refers to changes to the United States tax code passed originally...
published: 04 Feb 2014
What Is Wrong with the Bush Tax Cuts? Joseph Stiglitz on Tax Policy in the United States (2003)
What Is Wrong with the Bush Tax Cuts? Joseph Stiglitz on Tax Policy in the United States (2003)
The phrase Bush tax cuts refers to changes to the United States tax code passed originally during the presidency of George W. Bush and extended during the presidency of Barack Obama, through: Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) Jobs and Growth Tax Relief Reconciliation Act of 2003 (JGTRRA) Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 American Taxpayer Relief Act of 2012 (partial extension) While each act has its own legislative history and effect on the tax code, the JGTRRA amplified and accelerated aspects of the EGTRRA. Since 2003, the two acts have often been spoken of together, especially in terms of analyzing their effect on the U.S. economy and population and in discussing their political ramifications. Both laws were passed using controversial Congressional reconciliation procedures. The Bush tax cuts had sunset provisions that made them expire at the end of 2010, since otherwise they would fall under the Byrd Rule. Whether to renew the lowered rates, and how, became the subject of extended political debate, which was resolved during the presidency of Barack Obama by a two-year extension that was part of a larger tax and economic package, the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. In 2012, during the fiscal cliff, the tax cuts were made permanent for single people making less than $400,000 per year and couples making less than $450,000 per year, and eliminated for everyone else, under the American Taxpayer Relief Act of 2012. Before the tax cuts, the highest marginal income tax rate was 39.6 percent. After the cuts, the highest rate was 35 percent. Once the cuts were eliminated for high income levels (single people making $400,000+ per year and couples making $450,000+ per year), the top income tax rate returned to 39.6 percent. There was and is considerable controversy over who benefited from the tax cuts and whether or not they have been effective in spurring sufficient growth. Supporters of the proposal and proponents of lower taxes say that the tax cuts increased the pace of economic recovery and job creation. Further, proponents of the cuts asserted that lowering taxes on all citizens, including the rich, would benefit all and would actually increase receipts from the wealthiest Americans as their tax rates would decline without resort to tax shelters. The Wall Street Journal editorial page states that taxes paid by millionaire households more than doubled from $136 billion in 2003 to $274 billion in 2006 because of the JGTRRA.[2] The Heritage Foundation concludes that the Bush tax cuts led to the rich shouldering more of the income tax burden and the poor shouldering less;[3] while the Center on Budget and Policy Priorities (CBPP) has concluded that the tax cuts have conferred the "largest benefits, by far on the highest income households." CBPP cites data from the Tax Policy Center, stating that 24.2% of tax savings went to households in the top one percent of income compared to the share of 8.9% that went to the middle 20 percent.[4] The underlying policy has been criticized by Democratic Party congressional opponents for giving tax cuts to the rich with capital gains tax breaks while acknowledging some benefit extended to middle and lower income brackets as well.[5] Statements by President Bush, Vice President Dick Cheney, and Senate Majority Leader Bill Frist that these tax cuts effectively "paid for themselves" have been disputed by the CBPP,[6] the U.S. Treasury Department and the CBO.[7][8][9][10] Economist Paul Krugman wrote in 2007: "Supply side doctrine, which claimed without evidence that tax cuts would pay for themselves, never got any traction in the world of professional economic research, even among conservatives."[11] Since 2001, federal income tax revenues have remained below the 30-year average of 8.4% of GDP with the exception of 2007, and did not regain their year 2000 dollar peak until 2006, though reasons for regaining previous levels are not given. Some policy analysts and non-profit groups such as OMBWatch,[13] Center on Budget and Policy Priorities,[14] and the Tax Policy Center[15] have attributed much of the rise in income inequality to the Bush administration's tax policy. In February 2007, President Bush addressed the rise of inequality for the first time, saying "The reason is clear: We have an economy that increasingly rewards education and skills because of that education." http://en.wikipedia.org/wiki/Bush_tax_cuts- published: 04 Feb 2014
- views: 254
Youtube results:
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Bush: 'I wish they weren't called the Bush tax cuts'
Via The Raw Story: "Former President George W. Bush made a rare public appearance Tuesday ...
published: 14 Apr 2012
author: TheYoungTurks
Bush: 'I wish they weren't called the Bush tax cuts'
Bush: 'I wish they weren't called the Bush tax cuts'
Via The Raw Story: "Former President George W. Bush made a rare public appearance Tuesday morning, expressing regret that his name is attached to one of the ...- published: 14 Apr 2012
- views: 45228
- author: TheYoungTurks
2:40
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William Gale: Let the Bush Tax Cuts Expire
William Gale: Senator Murray says there's a faction in the GOP that's against raising taxe...
published: 17 Jul 2012
author: Brookings Institution
William Gale: Let the Bush Tax Cuts Expire
William Gale: Let the Bush Tax Cuts Expire
William Gale: Senator Murray says there's a faction in the GOP that's against raising taxes, actually it's a mainstream Republican idea. But, everyone agrees...- published: 17 Jul 2012
- views: 207
- author: Brookings Institution
4:08
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George W. Bush On Tax Policy & Growth
President George W. Bush gives his opening remarks about tax policy and economic growth fo...
published: 10 Apr 2012
author: forbes
George W. Bush On Tax Policy & Growth
George W. Bush On Tax Policy & Growth
President George W. Bush gives his opening remarks about tax policy and economic growth for the "Tax Policies For 4% Growth" Conference at the New-York Histo...- published: 10 Apr 2012
- views: 50949
- author: forbes
1:00
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DNC Communications Director: "The Bush Tax Cuts Did Some Good Things For The Middle Class"
On June 12, 2012, DNC Communications Director Brad Woodhouse appeared on the Fernando Espu...
published: 14 Jun 2012
author: GOPICYMI
DNC Communications Director: "The Bush Tax Cuts Did Some Good Things For The Middle Class"
DNC Communications Director: "The Bush Tax Cuts Did Some Good Things For The Middle Class"
On June 12, 2012, DNC Communications Director Brad Woodhouse appeared on the Fernando Espuelas Show where he praised the Bush Tax Cuts and their positive imp...- published: 14 Jun 2012
- views: 3908
- author: GOPICYMI