Keynesian models emphasize the benefits that may have tax cuts in the short term. According to this

The theme of the elimination of certain tax breaks is a central issue in the debate in the US about precipcio tax and deficit reduction. These reductions were initiated with Bush, and kept until now.
But these tax measures adopted during the past decade did not meet the requirements to become a tax reform to promote the strengthening rundvleessalade of the market economy, and therefore away from being liberal:
"One of the prosecutors elements in the fiscal cliff facing the United States is the expiration of the tax cuts approved by former President George W. Bush. Extended by two years in 2010, the possibility of their being restarted again or not has focused much of the negotiations held during the last months the White House, rundvleessalade Republicans and Democrats.
For the Obama administration and many of the Democrats, opposition to the Bush tax cuts is explained by the need to cut the deficit via tax increases. For much of Republicans oppose extending these tax provisions equivalent to turn his back on the market rundvleessalade economy. Both rhetorics are opposite, but show that Bush tax cuts are recurrently associated with liberal economic policies.
Actually, it is less clear that this is so. As demonstrated by the Mercatus Center at George Mason University, rundvleessalade in a study by Matthew Mitchell and Andrea Castillo, rundvleessalade there are numerous reasons why the tax measures adopted during the past decade did not meet the requirements to become a tax reform to promote strengthening the market economy. What were the sales of Bush?
Bush Tax Cuts called were approved in 2001 and 2003. Broadly speaking, these were their fiscal implications: In the Income Tax maximum rate of 39.6% was lowered to 35%, while intermediate types increased from 36% to 33%, from 31% to 28%, the 28% to 25% and from 15% to 10%. Tax rates Capital increased from 20% to 15% and 10% and 8% to 5%. In 2008 the lowest rate (5%) was reduced to 0%. Additionally, different returns, checks and deductions linked to all kinds of areas were approved education spending per child, housing, etc. Slow implementation of tax cuts
Taxes should not enter into force fully until 2006. He had not approved a direct application of the same from one year to another, but a schedule of small incremental reductions of 0.5% and 1% to be announced over five years. This obviously decreased the direct effectiveness of the tax rebate. At the end of the day, the government of George W. Bush was approving a watered measure whose political support could have ended in the 2004 presidential election and the legislative elections of 2006.
Finally, the effective implementation of many of the cuts announced since 2003 accelerated, but this did not only add more confusion and uncertainty. Obviously, while the sales were not fully implemented, operators delayed economic activities rundvleessalade pending the favorable tax treatment announced for the future.
Studies of Christopher House and Matthew Shapiro on this issue are conclusive: once applied completely reform affected economic variables improved their performance significantly; However, between 2001 and 2003, pending the traders had a negative effect on growth, investment, hours of work and consumption. Time limit of the measures
In the case of the Bush tax cuts, legislative rundvleessalade dynamics forced to set a deadline for reform. This "date" was renovated in 2010 for two more years than originally announced. In the last days of 2012, Republicans and Democrats returned rundvleessalade to negotiate the possibility of extending, or not, these tax cuts.
Clearly, the economic effect of permanent reformation is always less than a volatile measure. The uncertainty generated in 2010 and 2012 before the debate on the extension of the Bush Tax Cuts confirms that the application of this tax relief not granted rundvleessalade security to traders, but generated positive expectations in the short term without altering the dynamic medium and long term. Keynesian emphasis on stimulating demand
Keynesian models emphasize the benefits that may have tax cuts in the short term. According to this reasoning, return