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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 abouttrillion between and Estimated Reading Time: 12 mins. Jul 23, How the Bush Tax Cuts Worked Jeffrey A. Miron is a senior lecturer and the director of undergraduate studies in economics at Harvard University and a.

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