Carl Davis.

9 rowsAug 24, Comparing the size of these tax cuts with the federal budget shows that the Kennedy’s tax cuts Estimated Reading Time: 6 mins. percent of income, was the single largest first-year tax-cut of the post-WW II era. The Reagan tax cuts represented percent of income while none of the Bush tax cut even breaks 1 percent of income. The Kennedy tax cuts would only have been surpassed in size by combining all three Bush tax cuts into a single package.

Tax Cuts and Budget Resources. Dec 08, So with Reagan’s signature, Congress undid a good chunk of the tax cut by raising taxes a lot in, and George H.W. Bush signed another tax Estimated Reading Time: 5 mins.

Mar 01, Inafter the Reagan rate cuts were well in place, the top 1 percent of taxpayers in income paid 25 percent of all income taxes; the top 5 percent paid 43 percent; and the bottom 50 percent. Jul 11, Tax Relief, Unemployment Insurance Reauthorization, And Job Creation Act Ofwhich extended the Bush personal income tax cuts for two years through American Taxpayer Relief Act Of (the “fiscal cliff deal”) which made permanent most, but not all, of the Bush tax cuts.

Obama Expansion of Earned Income Tax Credit and Child Tax Credit.