DOWNLOAD ~ Turning Slogans Into Tax Policy. ~ by Virginia Tax Review ~ eBook PDF Kindle ePub Free

eBook details

Title: Turning Slogans Into Tax Policy.
Author : Virginia Tax Review
Release Date : January 22, 2008
Genre: Industries & Professions,Books,Business & Personal Finance,
Pages : * pages
Size : 310 KB

Description

I. INTRODUCTION Throughout his presidency George W. Bush has embraced tax cuts as the hallmark of his domestic policy agenda. During the early years of his administration he signed an unprecedented series of annual tax reduction measures into law. The Bush tax cuts have proved highly controversial. Sympathizers herald them as part of a grand strategy to promote capital formation and fundamental tax reform, (1) while critics decry them as symptoms of a fiscally reckless assault on progressive taxation. (2) At this point, it is probably too early to reach definitive conclusions about the long-term effects of the Bush tax cuts, especially considering the uncertain prospects for extending those cuts beyond 2010. Nevertheless, it is possible to evaluate the rationales articulated by the Bush Administration for its tax cutting proposals, to compare those proposals with the outcomes that ultimately emerged from the legislative process, and to draw some preliminary lessons about the Administration's approach to tax policy.