In his first three years, President George W. Bush has presided over three rounds of major tax cuts, including special tax breaks for capital gains and dividends, reductions in personal income tax rates, estate tax repeal and an array of corporate tax loopholes. Because many of these tax cuts were originally scheduled to "phase in" over time, and because 2003 legislation accelerated the implementation of some of these tax cuts, there is a great deal of confusion about the impact of these cuts in each year. This document summarizes some of the most frequently asked questions about the tax cuts enacted so far by the Bush administration.

How much do the Bush tax cuts cost overall?

How much do the tax cuts for the wealthiest 1% cost?

How much do the tax cuts for all other income groups cost?

What are the average tax cuts for each income group?

How are the tax cuts distributed between income groups?

Click here to download all of these tables in PDF format

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