True or False (and explain your answer) : The George W. Bush tax cuts (circa 2001) were touted by the Bush administration as something good for most American families. As evidence, they pointed out that most Americans (92 million) would receive an average tax reduction of over $1000. The median tax cut was less than $100. Based on this information, we can conclude that most Americans got a tax cut around $1000. Answer asap. Will rate positively for correct explanation!

True or False (and explain your answer) : The George W. Bush tax cuts (circa 2001) were touted by the Bush administration as something good for most American families. As evidence, they pointed out that most Americans (92 million) would receive an average tax reduction of over $1000. The median tax cut was less than $100. Based on this information, we can conclude that most Americans got a tax cut around $1000. Answer asap. Will rate positively for correct explanation!

Economics For Today

10th Edition

ISBN:9781337613040

Author:Tucker

Publisher:Tucker

Chapter12: Income Distribution, Poverty, And Discrimination

Section12.5: Discrimination

Problem 1.1YTE

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