Huffpost Business

Bush Tax Cuts Reduced Total Income By $2.7 Trillion

Posted: Updated:

Just as they did in 2000, the Republicans are running this year on an economic platform of tax cuts, especially making the tax cuts permanent for the richest among us. So how did the tax cuts work out? My analysis of the new data, with all figures in 2008 dollars:

Total income was $2.74 trillion less during the eight Bush years than if incomes had stayed at 2000 levels.

Read the whole story at

Around the Web

Five myths about the Bush tax cuts

How Will The Expiring Bush Tax Cuts Affect You? -

Op-Ed Columnist - Bush Tax Cuts - Now That's Rich -

What Would Happen if the Bush Tax Cuts Expire -

how-the-expiring-bush-tax-cuts-affect-you: Personal Finance News ...

Tax cut - Wikipedia, the free encyclopedia

The Wisdom and Folly of the Bush Tax Cuts - BusinessWeek

Economists: Extend Bush tax cuts for wealthy, middle class - Sep ...