en.unionpedia.org

Bush tax cuts, the Glossary

Index Bush tax cuts

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.[1]

Table of Contents

  1. 81 relations: Affordable Care Act, Alternative minimum tax, American Taxpayer Relief Act of 2012, Barack Obama, Bill Frist, CBS News, Center on Budget and Policy Priorities, CNN, Congressional Budget Office, Congressional Research Service, Debt-to-GDP ratio, Democratic Party (United States), Deutsche Bank, Dick Cheney, Earl Pomeroy, Economic Growth and Tax Relief Reconciliation Act of 2001, Economic Policy Institute, Economic policy of the Barack Obama administration, Economic policy of the George W. Bush administration, Economists' statement opposing the Bush tax cuts, Eric Cantor, Faegre Drinker, Firedoglake, Income distribution, Internal Revenue Code, Jack Lew, Jobs and Growth Tax Relief Reconciliation Act of 2003, Joe Biden, John Boehner, Lame duck (politics), Mark Zandi, Mitch McConnell, Mitt Romney, National Archives and Records Administration, National debt of the United States, Office of Management and Budget, Omnibus Budget Reconciliation Act of 1990, Paul Krugman, Peter R. Orszag, Presidency of Barack Obama, Presidency of George W. Bush, President of the United States, Reconciliation (United States Congress), Redistribution of income and wealth, Republican Party (United States), Rush Limbaugh, Simon Johnson (economist), Sunset provision, Tax cut, Tax Increase Prevention and Reconciliation Act of 2005, ... Expand index (31 more) »

Affordable Care Act

The Affordable Care Act (ACA), formally known as the Patient Protection and Affordable Care Act (PPACA) and colloquially as Obamacare, is a landmark U.S. federal statute enacted by the 111th United States Congress and signed into law by President Barack Obama on March 23, 2010. Bush tax cuts and Affordable Care Act are presidency of Barack Obama.

See Bush tax cuts and Affordable Care Act

Alternative minimum tax

The alternative minimum tax (AMT) is a tax imposed by the United States federal government in addition to the regular income tax for certain individuals, estates, and trusts.

See Bush tax cuts and Alternative minimum tax

American Taxpayer Relief Act of 2012

The American Taxpayer Relief Act of 2012 (ATRA) was enacted and passed by the United States Congress on January 1, 2013, and was signed into law by US President Barack Obama the next day. Bush tax cuts and American Taxpayer Relief Act of 2012 are presidency of Barack Obama and United States federal taxation legislation.

See Bush tax cuts and American Taxpayer Relief Act of 2012

Barack Obama

Barack Hussein Obama II (born August 4, 1961) is an American politician who served as the 44th president of the United States from 2009 to 2017.

See Bush tax cuts and Barack Obama

Bill Frist

William Harrison Frist (born February 22, 1952) is an American physician, businessman, conservationist and policymaker who served as a United States Senator from Tennessee from 1995 to 2007.

See Bush tax cuts and Bill Frist

CBS News

CBS News is the news division of the American television and radio broadcaster CBS.

See Bush tax cuts and CBS News

Center on Budget and Policy Priorities

The Center on Budget and Policy Priorities (CBPP) is a progressive American think tank that analyzes the impact of federal and state government budget policies.

See Bush tax cuts and Center on Budget and Policy Priorities

CNN

Cable News Network (CNN) is a multinational news channel and website operating from Midtown Atlanta, Georgia, U.S. Founded in 1980 by American media proprietor Ted Turner and Reese Schonfeld as a 24-hour cable news channel, and presently owned by the Manhattan-based media conglomerate Warner Bros. Discovery (WBD), CNN was the first television channel to provide 24-hour news coverage and the first all-news television channel in the United States.

See Bush tax cuts and CNN

Congressional Budget Office

The Congressional Budget Office (CBO) is a federal agency within the legislative branch of the United States government that provides budget and economic information to Congress.

See Bush tax cuts and Congressional Budget Office

Congressional Research Service

The Congressional Research Service (CRS) is a public policy research institute of the United States Congress.

See Bush tax cuts and Congressional Research Service

Debt-to-GDP ratio

In economics, the debt-to-GDP ratio is the ratio between a country's government debt (measured in units of currency) and its gross domestic product (GDP) (measured in units of currency per year).

See Bush tax cuts and Debt-to-GDP ratio

Democratic Party (United States)

The Democratic Party is one of the two major contemporary political parties in the United States.

See Bush tax cuts and Democratic Party (United States)

Deutsche Bank

Deutsche Bank AG is a German multinational investment bank and financial services company headquartered in Frankfurt, Germany, and dual-listed on the Frankfurt Stock Exchange and the New York Stock Exchange.

See Bush tax cuts and Deutsche Bank

Dick Cheney

Richard Bruce Cheney (born January 30, 1941) is an American retired politician and businessman who served as the 46th vice president of the United States from 2001 to 2009 under President George W. Bush.

See Bush tax cuts and Dick Cheney

Earl Pomeroy

Earl Ralph Pomeroy III (born September 2, 1952) is an American lawyer and politician who served as the U.S. representative for from 1993 to 2011.

See Bush tax cuts and Earl Pomeroy

Economic Growth and Tax Relief Reconciliation Act of 2001

The Economic Growth and Tax Relief Reconciliation Act of 2001 was a major piece of tax legislation passed by the 107th United States Congress and signed by President George W. Bush. Bush tax cuts and Economic Growth and Tax Relief Reconciliation Act of 2001 are United States federal taxation legislation.

See Bush tax cuts and Economic Growth and Tax Relief Reconciliation Act of 2001

Economic Policy Institute

The Economic Policy Institute (EPI) is a 501(c)(3) non-profit American think tank based in Washington, D.C., that carries out economic research and analyzes the economic impact of policies and proposals.

See Bush tax cuts and Economic Policy Institute

Economic policy of the Barack Obama administration

The economic policy of the Barack Obama administration, or in its colloquial portmanteau form "Obamanomics", was characterized by moderate tax increases on higher income Americans designed to fund health care reform, reduce the federal budget deficit, and decrease income inequality.

See Bush tax cuts and Economic policy of the Barack Obama administration

Economic policy of the George W. Bush administration

The economic policy and legacy of the George W. Bush administration was characterized by significant income tax cuts in 2001 and 2003, the implementation of Medicare Part D in 2003, increased military spending for two wars, a housing bubble that contributed to the subprime mortgage crisis of 2007–2008, and the Great Recession that followed.

See Bush tax cuts and Economic policy of the George W. Bush administration

Economists' statement opposing the Bush tax cuts

The Economists' statement opposing the Bush tax cuts was a statement signed by roughly 450 economists, including ten of the twenty-four American Nobel Prize laureates alive at the time, in February 2003 who urged the U.S. President George W. Bush not to enact the 2003 tax cuts; seeking and sought to gather public support for the position.

See Bush tax cuts and Economists' statement opposing the Bush tax cuts

Eric Cantor

Eric Ivan Cantor (born June 6, 1963) is an American lawyer and former politician who represented Virginia's 7th congressional district in the United States House of Representatives from 2001 to 2014.

See Bush tax cuts and Eric Cantor

Faegre Drinker

Faegre Drinker Biddle & Reath, also known as Faegre Drinker, is a full-service international law firm and one of the 100 largest law firms in the United States.

See Bush tax cuts and Faegre Drinker

Firedoglake

Firedoglake (abbreviated as FDL) was an American collaborative blog that described itself as a "leading progressive news site, online community, and action organization".

See Bush tax cuts and Firedoglake

Income distribution

In economics, income distribution covers how a country's total GDP is distributed amongst its population.

See Bush tax cuts and Income distribution

Internal Revenue Code

The Internal Revenue Code of 1986 (IRC), is the domestic portion of federal statutory tax law in the United States. Bush tax cuts and Internal Revenue Code are United States federal taxation legislation.

See Bush tax cuts and Internal Revenue Code

Jack Lew

Jacob Joseph Lew (born August 29, 1955) is an American attorney and diplomat serving as the United States ambassador to Israel.

See Bush tax cuts and Jack Lew

Jobs and Growth Tax Relief Reconciliation Act of 2003

The Jobs and Growth Tax Relief Reconciliation Act of 2003 ("JGTRRA"), was passed by the United States Congress on May 23, 2003, and signed into law by President George W. Bush on May 28, 2003. Bush tax cuts and Jobs and Growth Tax Relief Reconciliation Act of 2003 are United States federal taxation legislation.

See Bush tax cuts and Jobs and Growth Tax Relief Reconciliation Act of 2003

Joe Biden

Joseph Robinette Biden Jr. (born November 20, 1942) is an American politician who is the 46th and current president of the United States since 2021.

See Bush tax cuts and Joe Biden

John Boehner

John Andrew Boehner (born, 1949) is a retired American politician who served as the 53rd speaker of the United States House of Representatives from 2011 to 2015.

See Bush tax cuts and John Boehner

Lame duck (politics)

In politics, a lame duck or outgoing politician is an elected official whose successor has already been elected or will be soon.

See Bush tax cuts and Lame duck (politics)

Mark Zandi

Mark M. Zandi (born 1959) is an American economist who is the chief economist of Moody's Analytics, where he directs economic research.

See Bush tax cuts and Mark Zandi

Mitch McConnell

Addison Mitchell McConnell III (born February 20, 1942) is an American politician and retired attorney who has been serving as senate minority leader since 2021 and the senior United States senator from Kentucky since 1985, the longest serving senator in his state's history.

See Bush tax cuts and Mitch McConnell

Mitt Romney

Willard Mitt Romney (born March 12, 1947) is an American politician, businessman, and lawyer, and the junior United States senator from Utah since 2019.

See Bush tax cuts and Mitt Romney

National Archives and Records Administration

The National Archives and Records Administration (NARA) is an independent agency of the United States government within the executive branch, charged with the preservation and documentation of government and historical records.

See Bush tax cuts and National Archives and Records Administration

National debt of the United States

The national debt of the United States is the total national debt owed by the federal government of the United States to Treasury security holders.

See Bush tax cuts and National debt of the United States

Office of Management and Budget

The Office of Management and Budget (OMB) is the largest office within the Executive Office of the President of the United States (EOP).

See Bush tax cuts and Office of Management and Budget

Omnibus Budget Reconciliation Act of 1990

The Omnibus Budget Reconciliation Act of 1990 (OBRA-90) is a United States statute enacted pursuant to the budget reconciliation process to reduce the United States federal budget deficit. Bush tax cuts and Omnibus Budget Reconciliation Act of 1990 are United States federal taxation legislation.

See Bush tax cuts and Omnibus Budget Reconciliation Act of 1990

Paul Krugman

Paul Robin Krugman (born February 28, 1953) is an American economist who is the Distinguished Professor of Economics at the Graduate Center of the City University of New York and a columnist for The New York Times.

See Bush tax cuts and Paul Krugman

Peter R. Orszag

Peter Richard Orszag (born December 16, 1968) is an American business executive and former government official.

See Bush tax cuts and Peter R. Orszag

Presidency of Barack Obama

Barack Obama's tenure as the 44th president of the United States began with his first inauguration on January 20, 2009, and ended on January 20, 2017.

See Bush tax cuts and Presidency of Barack Obama

Presidency of George W. Bush

George W. Bush's tenure as the 43rd president of the United States began with his first inauguration on January 20, 2001, and ended on January 20, 2009.

See Bush tax cuts and Presidency of George W. Bush

President of the United States

The president of the United States (POTUS) is the head of state and head of government of the United States of America.

See Bush tax cuts and President of the United States

Reconciliation (United States Congress)

Budget reconciliation is a special parliamentary procedure of the United States Congress set up to expedite the passage of certain federal budget legislation in the Senate.

See Bush tax cuts and Reconciliation (United States Congress)

Redistribution of income and wealth

Redistribution of income and wealth is the transfer of income and wealth (including physical property) from some individuals to others through a social mechanism such as taxation, welfare, public services, land reform, monetary policies, confiscation, divorce or tort law.

See Bush tax cuts and Redistribution of income and wealth

Republican Party (United States)

The Republican Party, also known as the GOP (Grand Old Party), is one of the two major contemporary political parties in the United States.

See Bush tax cuts and Republican Party (United States)

Rush Limbaugh

Rush Hudson Limbaugh III (January 12, 1951 – February 17, 2021) was an American conservative political commentator who was the host of The Rush Limbaugh Show, which first aired in 1984 and was nationally syndicated on AM and FM radio stations from 1988 until his death in 2021.

See Bush tax cuts and Rush Limbaugh

Simon Johnson (economist)

Simon H. Johnson (born January 16, 1963) is a British American economist.

See Bush tax cuts and Simon Johnson (economist)

Sunset provision

In public policy, a sunset provision or sunset clause is a measure within a statute, regulation or other law that provides for the law to cease to be effective after a specified date, unless further legislative action is taken to extend it.

See Bush tax cuts and Sunset provision

Tax cut

A tax cut represents a decrease in the amount of money taken from taxpayers to go towards government revenue.

See Bush tax cuts and Tax cut

Tax Increase Prevention and Reconciliation Act of 2005

The Tax Increase Prevention and Reconciliation Act of 2005 (or TIPRA) is an American law, which was enacted on May 17, 2006. Bush tax cuts and Tax Increase Prevention and Reconciliation Act of 2005 are United States federal taxation legislation.

See Bush tax cuts and Tax Increase Prevention and Reconciliation Act of 2005

Tax Policy Center

The Urban-Brookings Tax Policy Center, typically shortened to the Tax Policy Center (TPC), is a nonpartisan think tank based in Washington D.C., United States.

See Bush tax cuts and Tax Policy Center

Tax Reform Act of 1986

The Tax Reform Act of 1986 (TRA) was passed by the 99th United States Congress and signed into law by President Ronald Reagan on October 22, 1986. Bush tax cuts and Tax Reform Act of 1986 are United States federal taxation legislation.

See Bush tax cuts and Tax Reform Act of 1986

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, also known as the 2010 Tax Relief Act, was passed by the United States Congress on December 16, 2010, and signed into law by President Barack Obama on December 17, 2010. Bush tax cuts and Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 are presidency of Barack Obama and United States federal taxation legislation.

See Bush tax cuts and Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010

Taxation in the United States

The United States has separate federal, state, and local governments with taxes imposed at each of these levels.

See Bush tax cuts and Taxation in the United States

Tea Party movement

The Tea Party movement was an American fiscally conservative political movement within the Republican Party that began in 2009.

See Bush tax cuts and Tea Party movement

The Heritage Foundation

The Heritage Foundation, sometimes referred to simply as "Heritage", is an activist American conservative think tank based in Washington, D.C. Founded in 1973, it took a leading role in the conservative movement in the 1980s during the presidency of Ronald Reagan, whose policies were taken from Heritage Foundation studies, including its Mandate for Leadership.

See Bush tax cuts and The Heritage Foundation

The National Law Review

The National Law Review is an American law journal, daily legal news website and legal analysis content-aggregating database.

See Bush tax cuts and The National Law Review

The New York Times

The New York Times (NYT) is an American daily newspaper based in New York City.

See Bush tax cuts and The New York Times

The Pew Charitable Trusts

The Pew Charitable Trusts is an independent non-profit, non-governmental organization (NGO), founded in 1948.

See Bush tax cuts and The Pew Charitable Trusts

The Seattle Times

The Seattle Times is an American daily newspaper based in Seattle, Washington.

See Bush tax cuts and The Seattle Times

The Wall Street Journal

The Wall Street Journal (WSJ), also referred to simply as the Journal, is an American newspaper based in New York City, with a focus on business and finance.

See Bush tax cuts and The Wall Street Journal

The Washington Post

The Washington Post, locally known as "the Post" and, informally, WaPo or WP, is an American daily newspaper published in Washington, D.C., the national capital.

See Bush tax cuts and The Washington Post

Time (magazine)

Time (stylized in all caps as TIME) is an American news magazine based in New York City.

See Bush tax cuts and Time (magazine)

Timothy Geithner

Timothy Franz Geithner (born August 18, 1961) is an American former central banker who served as the 75th United States Secretary of the Treasury under President Barack Obama from 2009 to 2013.

See Bush tax cuts and Timothy Geithner

Trickle-down economics

Trickle-down economics is a pejorative term used to refer to economic policies that disproportionately favor the upper tier of the economic spectrum, comprising wealthy individuals and large corporations.

See Bush tax cuts and Trickle-down economics

United States Congress

The United States Congress, or simply Congress, is the legislature of the federal government of the United States.

See Bush tax cuts and United States Congress

United States Congressional Joint Committee on Taxation

The Joint Committee on Taxation (JCT) is a Committee of the U.S. Congress established under the Internal Revenue Code at.

See Bush tax cuts and United States Congressional Joint Committee on Taxation

United States fiscal cliff

The United States fiscal cliff refers to the combined effect of several previously-enacted laws that came into effect simultaneously in January 2013, increasing taxes and decreasing spending.

See Bush tax cuts and United States fiscal cliff

United States House Committee on Ways and Means

The Committee on Ways and Means is the chief tax-writing committee of the United States House of Representatives. Bush tax cuts and United States House Committee on Ways and Means are United States federal taxation legislation.

See Bush tax cuts and United States House Committee on Ways and Means

United States House of Representatives

The United States House of Representatives is the lower chamber of the United States Congress, with the Senate being the upper chamber.

See Bush tax cuts and United States House of Representatives

United States Secretary of the Treasury

The United States secretary of the treasury is the head of the United States Department of the Treasury, and is the chief financial officer of the federal government of the United States.

See Bush tax cuts and United States Secretary of the Treasury

United States Senate

The United States Senate is the upper chamber of the United States Congress.

See Bush tax cuts and United States Senate

University of Tennessee

The University of Tennessee, Knoxville (or The University of Tennessee; UT; UT Knoxville; or colloquially UTK or Tennessee) is a public land-grant research university in Knoxville, Tennessee.

See Bush tax cuts and University of Tennessee

White House

The White House is the official residence and workplace of the president of the United States.

See Bush tax cuts and White House

Whitehouse.gov

whitehouse.gov (also simply known as wh.gov) is the official website of the White House and is managed by the Office of Digital Strategy.

See Bush tax cuts and Whitehouse.gov

William G. Gale

William G. "Bill" Gale is the Arjay and Frances Miller Chair in Federal Economic Policy and the former vice president and director of the Economic Studies Program at the Brookings Institution.

See Bush tax cuts and William G. Gale

111th United States Congress

The 111th United States Congress was a meeting of the legislative branch of the United States federal government from January 3, 2009, until January 3, 2011.

See Bush tax cuts and 111th United States Congress

2010 United States elections

The 2010 United States elections were held on Tuesday, November 2, 2010, in the middle of Democratic President Barack Obama's first term.

See Bush tax cuts and 2010 United States elections

2010 United States House of Representatives elections

The 2010 United States House of Representatives elections were held on November 2, 2010, as part of the 2010 midterm elections during President Barack Obama's first term in office.

See Bush tax cuts and 2010 United States House of Representatives elections

2010 United States Senate elections

The 2010 United States Senate elections were held on November 2, 2010, from among the United States Senate's 100 seats.

See Bush tax cuts and 2010 United States Senate elections

2012 Republican Party presidential primaries

Voters of the Republican Party elected state delegations to the 2012 Republican National Convention in presidential primaries.

See Bush tax cuts and 2012 Republican Party presidential primaries

References

[1] https://en.wikipedia.org/wiki/Bush_tax_cuts

Also known as Bush administration tax cuts, Bush tax cut, Bush tax rates, Bush-Obama tax cuts, Bush-era tax cuts, Bush-era tax rates, Effect of the Bush tax cuts, Extending the Bush tax cuts, Extension of the Bush tax cuts, George W. Bush tax cuts, Obama-Bush tax cuts, Slurpee Summit.

, Tax Policy Center, Tax Reform Act of 1986, Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, Taxation in the United States, Tea Party movement, The Heritage Foundation, The National Law Review, The New York Times, The Pew Charitable Trusts, The Seattle Times, The Wall Street Journal, The Washington Post, Time (magazine), Timothy Geithner, Trickle-down economics, United States Congress, United States Congressional Joint Committee on Taxation, United States fiscal cliff, United States House Committee on Ways and Means, United States House of Representatives, United States Secretary of the Treasury, United States Senate, University of Tennessee, White House, Whitehouse.gov, William G. Gale, 111th United States Congress, 2010 United States elections, 2010 United States House of Representatives elections, 2010 United States Senate elections, 2012 Republican Party presidential primaries.