TAX CUT

George Bush won the biggest tax cut in American history.

The income tax rate cuts returned money to all Americans

Increased Job Opportunities

Policies set by the Bush tax cuts :

-Doubled the child tax credit from $500 to $1,000.

-They reduced the marriage penalty by doubling the standard deduction for married filers

-They increased the earned income tax credit (EITC)

-Eliminated tax on certain scholarships

-Reduced taxes on bonds for school construction

***President Obama agreed to make the Bush tax cuts permanent on all but the top one-half of 1 percent of Americans.