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The Democrats biggest beef with the prescription drug plan was not allowing Medicare.

May 26, No tax cut that has significant marginal rate cuts, as the Bush tax cuts did, will cost the Treasury its full “static” score. Static in this sense means that people don’t change their behavior when tax rates drop or rise: if a 40% tax rate raisesbillion, then a 20% tax rate would raisebillion.

This is wrong because people do change their behavior when faced with such starkly lower tax shrubdisposal.buzzted Reading Time: 5 mins.

Congressional Research Service.

Jun 26, Do tax cuts ever"pay for themselves"? Rarely. - By Annie Lowrey - Slate Magazine Most likely not since they don't pay for themselves and increases in revenue are affect by other factors. Feb 28, Indeed, rather than increase revenue, revenue dropped from to as the Bush tax cuts were initially rolled out.

They did not rise until the cuts were fully implemented.

Political Satire

Some economists theorize that the recession may have played a role in dampening the potential revenue increase of the tax cuts. Jan 29, It is projected that repealing the Bush tax cuts would nudge revenues up to percent of GDP, not counting any revenue losses from the negative economic impact of the tax hikes.

Jul 19, Both Mitch McConnell and Jon Kyl have recently said that the Bush tax cuts did not reduce overall federal tax revenue and thus could not be Estimated Reading Time: 8 mins. Jan 02, With Tuesday’s House vote, the George W.

Bush tax cuts, born inreach a new milestone. Originally scheduled to expire at the end ofthey.