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The headline of the New York Post the next day read "Read my Lips: I Lied." [12] Initially some argued that "tax revenue increases" did not necessarily mean tax increases. For example, he could mean that the government could work to increase taxable income. However, Bush soon confirmed that tax increases were on the table. [3]: 34
Therefore, policies that reduce income tax rates, such as the Bush tax cuts, dis-proportionally benefit the rich, as they pay the lion's share of the taxes. [24] During President Bush's terms, income inequality grew, a trend since 1980. CBO reported that the share of after-tax income received by the top 1% rose from 12.3% in 2001 to a peak of ...
George Walker Bush [a] (born July 6, 1946) is an American politician and businessman who served as the 43rd president of the United States from 2001 to 2009. A member of the Bush family and the Republican Party, he was the 46th governor of Texas from 1995 to 2000.
Vice President Bush standing with President Ronald Reagan and Soviet leader Mikhail Gorbachev on the New York City waterfront in 1988 Mikhail Gorbachev came to power in the Soviet Union in 1985. Rejecting the ideological rigidity of his three elderly sick predecessors, Gorbachev insisted on urgently needed economic and political reforms called ...
The great school wars: A history of the New York City public schools (1975), a standard scholarly history online; Ravitch, Diane, and Joseph P. Viteritti, eds. City Schools: Lessons from New York (2000) Ravitch, Diane, ed. NYC schools under Bloomberg and Klein what parents, teachers and policymakers need to know (2009) essays by experts online
The Bush tax cuts (along with some Obama tax cuts) were responsible for just 24 percent. [29] The New York Times stated in an editorial that the full Bush-era tax cuts were the single biggest contributor to the deficit over the past decade, reducing revenues by about $1.8 trillion between 2002 and 2009. [30]
Although that legislation itself made no specific reference to a "Department of Education of the City of New York," the bylaws subsequently adopted by the Board provide that this 13-member body "shall be known as the Panel for Educational Policy," which together with the Chancellor and other school employees is designated as the "Department of ...
The New York City teachers' strike of 1968 was a months-long confrontation between the new community-controlled school board in the largely black Ocean Hill–Brownsville neighborhoods of Brooklyn and New York City's United Federation of Teachers. It began with a one day walkout in the Ocean Hill-Brownsville school district.