"June 7, 2011,.. the 10-year anniversary of the signing into law of the Bush tax cuts..."

Stephanie Mencimer (Mother Jones):

You probably didn't realize it, but June 7, 2011, is a momentous day in US history. It marks the 10-year anniversary of the signing into law of the Bush tax cuts, a day when President George W. Bush helped replace an unprecedented federal budget surplus with a mountain of debt in order to slash taxes for rich people (including dead ones). The anniversary of the cuts comes at a particularly fortuitous moment, with the political classes deep in debate over the increase in the federal deficit. Now is a good time to take a look back to see just how well those tax cuts have worked out for the country. Some highlights, with data from the Economic Policy Institute: MORE...