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Bush had vowed to cut taxes during his presidential campaign.

Archived from the original PDF on May 16,

Feb 28, The plan lowered the top individual tax rate from % to 37% and cut the corporate tax rate from a maximum rate of 35% to a flat rate of 21%. The corporate cuts are permanent, while the individual changes expire at the end of The Act is estimated to increase the deficit by 1 to 2 trillion from to watertown historic tax rates fiscal tax year residential tax rate cip tax rate residential exemption value exclusion residential exemption tax savings, 1,, 1,, 1, Jan 24, Before the tax cuts, the highest marginal income tax rate was percent.

After the cuts, the highest rate was 35 percent. Once the cuts were eliminated for high income levels (single people making,+ per year and couples making,+ per year), the top income tax rate returned to shrubcleanup.buzzted Reading Time: 12 mins.

Retrieved July 1,

Jun 30, Contact: Town Hall, Main Street, Watertown, MA, Main telephone # net interest rate of %; and the winning bid on the notes was a net interest rate of. %. Prior to the bond sale, Standard & Poor's Rating Service affirmed the Town's"AAA" long-term bond rating and assigned its SP-1 +to the notes. Both of these ratings are the highest attainable.