Tax Cuts of 2000/2001: Good or Bad for the Economy The Bush tax cuts have not proven to be good for our economy. Although, we had a budget surplus our government jumped the gun with the tax cuts. These tax cuts will decrease the surplus extremely quickly and this money should be going towards most of the governmental run programs that usually are geared toward the moderate to low income people. Bush did not anticipate any …showed first 75 words of 1034 total…

…showed last 75 words of 1034 total…-59. Marc Breslow and John McDermott, "Disappearing Corporate Taxes," Real World Macro 18th edition. (Somerville, MA: Dollars & Sense) p. 54. Joel Friedman, et al, "Senate Republicans Embrace Administration Proposal," Center on Budget and Policy Priorities. (November 5, 2001) pp. 1-5. Robert McIntyre, "The $212 Billion Special Interest Love Feast," American Prospect. Issue Number 20. (October, 2001) p. 1. Joel Friedman, et al, "Final Tax Bill Ultimately Costs as Much as Bush Plan," Center on Budget and Policy Priorities. (May 29, 2001) pp. 1-7.