CASE REPORT
Social consequences of the economic reform introduced by George W. Bush
1 | Instytut Ekonomii, Kalamazoo College, USA |
2 | Instytut Socjologii, Uniwersytet Arkansas, USA |
3 | Instytut Socjologii, Uniwersytet Łódzki |
Publication date: 2020-06-05
Problemy Polityki Społecznej 2004;7:89–101
ABSTRACT
We analyzed social and economic results of the tax reform implemented by George W. Bush
administration. First we described two stages of that process in 2001 and 2003. Then tables with
tax rates cross taxpayers categories were presented. We showed also points and arguments of supporters and opponents of the reform. From the republican point of view main goal of the tax exemptions was strict economic i.e. accelerating growth of the economy and increasing of the tax revenues in the longer run. Reform opponents and democratic experts maintained that it serves interests of the rich, decrease tax revenues with cuts in social spending and grows up of the social
inequality. We use official and other sources of data.
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