Ten year tax cut? Do the taxes go backup in 2011?

Factual Questions
1

Why is Bush’s tax cut always described as a $1.7 trillion dollar tax cut over ten years? Do the taxes go backup in 2011? If yes, then it seems like a bit of a gip. If no, then why don’t they just call it a $170 billion dollar tax cut – or for that matter, an infinite dollar tax cut over infinite years?

:confused:

2

Oops. Lock or let it die. I see Izzy’s thread here.

My hopes that the author of such a thread would have spelled out “ten” were overly optimistic.