1. President Bush's Economy
... in the 1990s was quite strong, despite the 1993 increase of the top marginal tax rate from 31 percent to 39.6 percent. In addition, after-tax income gains have been significantly larger among the top five percent of tax filers " the only group affected ... GDP, lower the unemployment rate, and lead to a number of other healthy economic results. This cycle would spawn increased production, driving down demand and subsequently prices. Robert Bartley, Editor of the Wall Street Journal, when asked whether he believed the tax cut was a good idea, responded with the following: "Well it's certa...
- Word Count: 7138
- Approx Pages: 29
- Has Bibliography
- Grade Level: High School