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Prior to, long-term capital gains were taxed at 20 percent, and dividends.

Feb 20, Prior to the Bush tax cuts, the tax rate on capital gains was 20 percent. Dividends were taxed at the same rate as wage and salary income; therefore. Feb 28, The Bush tax cuts were two tax code changes that President George W. Bush authorized during his first term. Congress enacted tax cuts to families in and investors in They were supposed to expire at the end of Instead, Congress extended them for two more years, and many of the tax provisions remain in effect- and continue to affect the economy- to this day.

Retrieved November 11,

Jan 24, The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent. The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by Estimated Reading Time: 12 mins.

Dec 02, The Story Behind the Bush Era Tax Cuts. under the Bush tax cut you get a 46, tax cut, more than enough to pay for this Lexus," Sen. Tom Daschle said on Estimated Reading Time: 5 mins. Oct 23, For a detailed description of methodology used in this analysis, see box “What Did Bush-Era Tax Cuts Cost through ?” in Kathy Ruffing and James R. Horney, “Downturn and Legacy of Bush Policies Drive Large Current Deficits” Center on Budget and Policy Priorities, updated October 10, Reading Time: 11 mins.

Sep 13, The tax cut reduced the income tax rates applied to long-term capital gains and dividends. Prior tolong-term capital gains were taxed at.

Jul 21, The proposal would extend the George W. Bush-era tax cuts, slated to expire at the end ofbut only for people earning less than, Action. Jul 22, Obama is also seeking to make permanent the long-term capital gain rates of 0% and 15%, but tax capital gains at a rate of 20% for those taxpayers that fall.