Sep 27, 2017 ... POLITICO looked at each time the country changed the top income tax rate and  the following five years of GDP per capita growth rate. ... While President George  H. W. Bush rolled back some of Reagan's tax cuts, slightly raising the rate for top  income earners, President Bill Clinton introduced the first major ...
The economic policy of the George W. Bush administration was characterized by  significant income tax cuts in 2001 and 2003, the implementation of Medicare  Part D in 2003, increased military spending for two wars, a housing bubble that  contributed to the subprime mortgage crisis of 2007-2008, and the Great  Recession ...
Jul 16, 2012 ... The 1993 Clinton tax increase raised the top two income tax rates to 36% and  39.6%, with the top rate hitting joint returns with incomes above $250,000 ($ 400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare  payroll tax, raised the corporate tax rate to 35% from 34%, increased the ...
The phrase Bush tax cuts refers to changes to the United States tax code passed  originally during the presidency of George W. Bush and extended during the  presidency of Barack Obama, through: Economic Growth and Tax Relief  Reconciliation Act of 2001 (EGTRRA); Jobs and Growth Tax Relief Reconciliation  Act of ...
Oct 10, 2016 ... “She's raising your taxes really high, and what that's going to do is a disaster for  the country,” Trump said. “She is raising ... Fact: This 4% increase in the top tax  rate applied to items like salary, interest and business income only kicks in on  taxable income in excess of $5 million. So unless you're getting paid ...
Says that when President Bill Clinton raised the top tax rates to levels now proposed by Obama, the country experienced significant job growth.