|
Saturday, January 11, 2003
The Tax Foundation has this fascinating breakdown of the Bush Tax proposal. Its breakdown shows that this tax cut is quite dramatic in its benefits to the middle incomes.
The Tax Foundation has a good website with a lot of interesting data such as this chart which shows how ( using FY2000 data ) the "rich" are already getting well soaked by taxes. Note that the top 5% of filers by AGI have 35.3% of income but pay 56.5% of income taxes. That is certainly not "fair".
Link to the Bush Tax cut story stolen shamelessly from Ricky West.
Robin 11:46 AM
|