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tax cuts for wealthy americans

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tax cuts for wealthy americans

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Across the board tax reduction that occurred during 2001 and 2003. Supporters of President Bush's actions said it gave a tax cut ("tax relief") to everyone who paid income taxes. Opponents noted it was highly unusual to give tax cuts during a war; that these cuts mainly helped the wealthy; and that the tax cuts contributed to a growing budget deficit. The tax cuts were scheduled to expire in 2010.

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no lol

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Tax cuts might cause the government to reduce state services.

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Presidents often try to implement tax cuts (Obama has cut taxes several times since he has been in office). But tax cuts generally cannot be repealed unless congress goes along with it.

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