Bush Tax Cuts Still Working — For Now
This column by ACRU General Counsel Peter Ferrara was published March 9, 2011 on The American Spectator website.
During President Obama’s 2008 campaign, he termed the Bush tax cuts “the failed policies of the past.” But last December, with the economy in shambles under the Keynesian, throwback, 1970s-style economic policies of Obamanomics, it was the Bush tax cuts he turned to, agreeing to extend the tax cuts for everyone for two more years. That was directly contrary to his 2008 campaign pledge to allow the tax cuts to expire for singles making over $200,000 per year, and for couples making over $250,000.
At the time […]

