The Bush Tax

Bush promised, "I came to this office to solve problems and not pass them on to future presidents and future generations." Yet as a direct consequence of his tax policy, over six years an American family of four will take on $52,000 more in its share of the national debt. That’s the Bush Tax.

According to the non-partisan Center on Budget and Policy Priorities, “A conservative estimate suggests that federal policies are costing states and localities about $185 billion over the four-year course of the state fiscal crisis.” As a result, states have struggled to close deficits that have totaled approximately $190 billion over the past three years.

Bush has shifted health costs to states and failed to own up to his responsibility to pay for homeland security, election reform, and education.

The Bush Tax is huge – many times greater than most people’s tax refunds. And it’ll be here for a long time to come. We’ll be paying the Bush Tax for decades, and most likely, so will our children and grandchildren.