Bush's Tax Cut

Essay specific features

 

Issue:

American History

 

Written by:

Erin M

 

Date added:

September 2, 2015

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1209

 

Was viewed:

5819 times

 

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Essay content:

Despite the actions of the Federal Reserve and Alan Greenspan the economy is in a tailspin that is highlighted by the drooping stock market. Greenspan has cut the interest rates three times since the start of the new year and yet consumer confidence and the nation's financial situation continue to slip...
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President Bush has concluded that only a massive tax cut will level out the economy and help to rebuild after the damage done lately. Bush wants to put money back in the hands of the consumer by making sure every social level is included in his cuts. The Presidents tax plan will lower the marginal tax rate for low income parents thus allowing, in theory, lower class citizens to join the middle class...
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