A Tale of Two Tax Cuts, a Wage Squeeze, and a Tax Credit

Larry M. Bartels

National Tax Journal, 2006, vol. 59, issue 3, 403-23

Abstract: Major developments in tax policy seem less affected by public preferences than by the ideological convictions of partisan elites. The Bush administration’s massive tax cuts attracted broad but quite superficial and seemingly confused public support. The estate tax flourished for decades despite considerable public antipathy, but was phased out within five months after Republicans captured the presidency and Congress in 2001. Meanwhile, the public has strongly and consistently favored increases in the minimum wage, but its real value has declined by 40 percent since 1968, while the Earned Income Tax Credit, which has much more tenuous public support, has expanded dramatically.

Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

Downloads: (external link)
https://doi.org/10.17310/ntj.2006.3.01 (application/pdf)
https://doi.org/10.17310/ntj.2006.3.01 (text/html)
Access is restricted to subscribers and members of the National Tax Association.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ntj:journl:v:59:y:2006:i:3:p:403-23

Access Statistics for this article

National Tax Journal is currently edited by Stacy Dickert-Conlin and William M. Gentry

More articles in National Tax Journal from National Tax Association, National Tax Journal Contact information at EDIRC.
Bibliographic data for series maintained by The University of Chicago Press ().