The Bush tax cuts began in 2001. The effects depend on who you ask, but the non-partisan Congressional Budget Office "estimated in June 2012 that the Bush tax c

The Bush tax cuts began in 2001. The effects depend on who you ask, but the non-partisan Congressional Budget Office "estimated in June 2012 that the Bush tax cuts (EGTRRA and JGTRRA) added about $1.6 trillion to the debt between 2001 and 2011, excluding interest." Of course, the financial crisis and subsequent government stimulus didn't come until 2008. [1] Meanwhile, the Trump tax cut "increases the total projected deficit over the 2018–2028 period by about $1.9 trillion" after accounting for tax-cut-stimulated GDP growth, according to the CBO. [2] For all we know, we could enjoy another 2 (or 6) good years before it all comes crashing down in 2020 with a Democratic president in power. Or not. If I could predict the future, I'd probably have better things to do than respond to Internet comments. [1] https://en.wikipedia.org/wiki/Bush_tax_cuts https://en.wikipedia.org/wiki/Bush_tax_cuts [2] https://www.cbo.gov/publication/53787 https://www.cbo.gov/publication/53787