One of the interesting ironies about the economic stimulus bill that just passed is that by most any measure it is the largest tax cut in US history. It includes $282 billion in tax cuts over two years. In comparison, Bush’s largest tax cuts (in 2004/2005) totaled $231 billion.
So why did the Republicans just vote overwhelmingly against the largest tax cut in history? Obama’s tax cuts are aimed mostly at the middle class, families and people who work. While Bush’s tax cuts primarily benefited the rich.