Predictably, the economy lagged and government revenues stagnated.

Budget sequestration in

Feb 28, InPresident George Bush authorized a tax cut called the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) to stimulate the economy during the recession that year. 2 3 The major provisions were to reduce marginal income tax rates and reduce and eventually repeal estate tax. As a result, it saved taxpayers, but not equally. 7 rowsOct 23, The biggest tax policy changes enacted under President George W. Bush were the 20Estimated Reading Time: 11 mins. Jun 07, As a result, the future of the Bush tax cuts became a major campaign issue in as well.

Estimated Reading Time: 7 mins.

The Bush tax cuts were a series of temporary income tax relief measures enacted by President George W. Bush in and They occurred through two pieces of legislation: the Economic Growth.

Jul 11, These changes are known as the Bush tax cuts, which were scheduled to expire after During the Obama Administration, Congress enacted economic recovery legislation that created the Making Work Pay Credit, which was in effect for two years ( and ).