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Tag Archives: Bush Tax-cuts
How Much Do You Know About the Bush Tax Cuts andTheir Impact on our Deficit and National Debt?
By Patricia L Johnson Each year the bipartisan Congressional Budget Office (CBO) completes a projected budget for the next decade. The CBO projection in 2001 for the 10-year period of 2002 through 2011 indicated budget surpluses totaling $5.6 trillion dollars1 … Continue reading
Posted in Economy, Elections 2012, Government, News and politics
Tagged Budget Deficit, Bush Tax-cuts, Congressional Budget Office, EGTRRA, Legislation, National Debt, Tax-cuts, Taxes
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What Was the Intent of Our Founding Fathers on Taxes for the Rich?
By Richard E Walrath and Patricia L Johnson The very first year the U.S. began taxing there were 7 tax rates beginning with the minimum tax rate of 1% and a maximum tax rate of 7%. It appears our founding … Continue reading
Do You Know Enough to Have an Opinion?
Under President George W. Bush Individual and Corporate taxes were lowered. What that means is there is less revenue coming into the U.S. Treasury, which in turn increases the U.S. deficit. The tax cuts put into place during the Bush … Continue reading
ARTICLES and ANSWERS 2020 