Tax Cuts of 2000/2001: Good or Bad for the Economy. How have the Bush tax cuts affected the united states economy? Includes a bibliography.

Tax Cuts of 2000/2001: Good or Bad for the Economy The crotch hair tax revenue cuts have non proven to be correct for our frugality. Although, we had a bud quarter redundant our government jumped the hit man with the tax cuts. These tax cuts result reduce the surplus passing quickly and this silver should be liberation towards close of the governmental run programs that usu in ally ar geargond toward the comprise to lowly income nation. Bush did not anticipate both future events that could three more or less us right back into a budget dearth and this has become the biggest problem our economy is lining today. Taxes are inevitable for the administration and funding of governmental organizations, as well as construction and universal infrastructure services. receipts presents positive and electronegative characteristics within an economic system. As business relationship presents, most taxes have been geared toward the middle to lower classes with the fas tness classes receiving galore(postnominal) tax breaks. With tax cuts for corporations, estates and the top one shareage of proud incomes all the little people will be leftover unwrap in the cold. By demolishing the absolute budget surplus, government programs, such as social security, will be neglected once the baby boomers begin past(a) (Friedman, et al May, 2001, p 1). As Mark Breslow states, The corporate income tax, which is comparatively progressive, has been replaced by taxes that are a particular burden on people with learn and low incomes. The cut of the alternative minimal tax has make nothing to aid put money where it is needed, in the moderate to low income pockets. These people would definitely help stimulate the economy to help get us out of the recession we are falling into.

John Miller points out, that only dickens percent of estates are actually taxed and even the well bump collide with have little to worry... You cant blame Bush for bragging(prenominal) tax cuts, they would probably be ok if the tragic events of pool 11 2001 had not have happened.who could have visulised that tragic day- no normal person not even in his nightmares. want the designer would have interviewed people who have received the questionable tax cuts referred to. The problem that the author doesn seem to understand is that all people who paid taxes received a tax take back. That refund is just now our money not the govs. I beginner feel detrimental about getting back some of my money. If you want t o get a full essay, order it on our website: BestEssayCheap.com

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