A series of tax cuts were enacted early in the George W. Bush Administration by the Economic Growth and Tax Relief Reconciliation Act of (EGTRRA) and the Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA). These tax cuts, which are collectively known as the Bush tax cuts, were originally scheduled to expire at the end of Feb 28, The Bush tax cuts were two tax code changes that President George W.
Bush authorized during his first term. Congress enacted tax cuts to families in and investors in They were supposed to expire at the end of 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 (EGTRRA); Jobs and Growth Tax Relief Reconciliation Act of (JGTRRA); Tax Relief, Unemployment Estimated Reading Time: 12 mins. Jun 07, While the Bush tax cuts are no longer a hot political issue, it is worth remembering that the future of the cuts occupied the attention of the tax policy community for over a decade.
Much of the bill has now been made into permanent law. The “fiscal cliff” deal cemented the vast majority of the 20Bush tax cuts into permanent bushpruning.buzzted Reading Time: 7 mins.