Bush lowered taxes for MY family. As his tax plan passed my family was just starting to make more than what IEC helped with. Bush's tax plan took the CHILD TAX CREDIT from $500 a year per child to $1000 a year per child. I have 4 children that I claim on my taxes. That equals up to $2000 per year in extra money that I get every year. I get most of that in a check from them.
Child Tax Credit
I'm guessing you don't have kids or didn't notice that part of it.
If you aren't blessed with Children, and were middle income (15%) tax bracket, you did not get a tax bracket rate deduction similar to those in the higher tax brackets.
The Child tax credit helped a great many, but not those without children.
The EIC credit increase helped those with lower incomes, but again, if you were smack in the middle income 15% bracket, this did not reduce your taxes either...
Just saying, some people got GREAT tax cuts/credits with Bush's plan, even if not in the higher brackets that got HUGE tax bracket percentage reductions, IF they HAD children, or had young adult children going to college etc....
But if you were without children, as matt and me, there was minimal, very minimal, tax relief under president Bush's plan....
Care