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But Joel Friedman, an analyst with the Center on Budget and Policy Priorities, echoed the.

May 16, Bush Tax-Cut Plan Prevails in Senate while the dividend provision gave a last-minute triumph to the Bush administration, it faces resistance in the House, which approved a different approach Estimated Reading Time: 2 mins. Jan 06, Bush's Tax Legacy. Jan. 6, am ET. Print. Text. In his op-ed column on these pages this week, President Bush made some news by underscoring his opposition to raising taxes.

We were Estimated Reading Time: 3 mins. Jan 24, The cuts in both dividend and capital gains tax rates hit the stock market and corporate boardrooms like a bunker buster. The Dow Jones Industrial Average is up 32% since 12/31/02, one week before President Bush announced the dividend and capital gains tax rate cuts.

The S&P large-cap index is up 47%.

Jul 08, ( - President Bush's economic stimulus plan, to be unveiled Tuesday, already has economic analysts sparring over the centerpiece of the plan, a tax break for investors who earn income from corporate dividend Bush administration believes that eliminating or reducing the double taxation of dividend income (by lowering rates or. dividend tax rates will increase over time, and they will be even greater if Congress makes the rate cuts permanent - and greater still, if the taxation of dividends is completely eliminated.

High Taxes, Low Dividends. Prior to the Bush administration’s tax cut, dividends were subject to a 35 percent corporate income tax and an individual. Senate passes Bush tax cut. Sun Nation & World. Jonathan Weisman, The Washington Post - May 16th, Sen. George Voinovich, R-Ohio. WASHINGTON -- The Senate on Thursday night narrowly approved abillion tax cut that includes a truncated version of President Bush's dividend tax plan, handing the White House a key victory on an economic plan that.

President Bush signed his tax cut bill into law on May 28th, just hours after Congress passed the bill to reduce taxes by more thanbillion dollars. The House of Representatives passed the legislation by a vote, followed by a razor-thin Senate margin. It even became necessary to bring Vice President Dick Cheney out of seclusion to provide the tie-breaking.