The Republican Myth on Tax Cuts and the Deficit

3 Pages Posted: 25 May 2011

Date Written: May 16, 2011

Abstract

In this article, I examine the impact of the Bush tax cuts on the deficit and the national debt, and Republican efforts to deny that the cuts had any effect whatsoever. Admitting that the Bush tax cuts reduced revenue and thus increased the deficit and the debt would undermine the Republican position that deficit reduction must involve only spending cuts and no tax increases of any kind.

Keywords: George W. Bush, Tax Cuts, Grover Norquist, Mitch McConnell

JEL Classification: H20, H60, K34

Suggested Citation

Bartlett, Bruce, The Republican Myth on Tax Cuts and the Deficit (May 16, 2011). Tax Notes, Vol. 131, No. 7, 2011, Available at SSRN: https://ssrn.com/abstract=1843190

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