Charts Show 10 Year Effect of Bush Tax Cuts PDF Print E-mail

On the 10th Anniversary of the Bush Tax Cuts, the Center for Budget and Policy Priorities assembled 5 Charts that show the wealthy gained far more from the Bush Tax Cut than working families.  The tax cuts did not spur economic growth, and the cuts were the largest contributor to the deficit. Their charts show that letting the Bush Tax Cuts expire would halt the a rise in U.S. debt over the next decade.

deficit drivers

Together with the economic downturn, the Bush tax cuts and the wars in Afghanistan and Iraq explain virtually the entire deficit over a decade. . .  The events and policies that have pushed deficits to these high levels were largely outside the Obama Administration’s control. If not for the tax cuts enacted during the presidency of George W. Bush that Congress did not pay for, the cost of the wars in Iraq and Afghanistan that were initiated during that period, and the effects of the worst economic slump since the Great Depression (including the cost of steps necessary to combat it), we would not be facing these huge deficits.


Take a look at the charts.

Last Updated on Saturday, 13 August 2011 09:14
 

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MN's Leading Election System

With Secretary of State Steve Simon

 

steve simon

 

Listen to Secretary of State Steve Simon's excellent presentation on MN's outstanding election system emulated by many other states at the Think Again Brooklyns forum January 19, 2016.  Secretary Simon includes ways in which it can be improved, and he explains why it is important to vote.  He concludes with a quote from a tee shirt:  "Failure to vote is not an act of rebellion.  It is an act of surrender."

Get details on how to vote at http://mnvotes.org

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How Oregon Became the Easiest Place to Vote in the US

By Lornet Turnbull
YES! Magazine
October 8, 2016

 


In January, Oregon became the first state in the country to begin automatically registering eligible citizens to vote when they obtain or renew their driver's licenses or state IDs, completely shifting the burden of voter registration from the individual to the government. 

Read the Article

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