Monday, January 08, 2007

The Rich Get Richer

Which is the real point of Bush's deceptively marketed tax cuts. He's working for his base: The Haves, and the Have Mores.

NYTimes: Tax Cuts Offer Most for Very Rich, Study Says

Households in the top 1 percent of earnings, which had an average income of $1.25 million, saw their effective individual tax rates drop to 19.6 percent in 2004 from 24.2 percent in 2000.

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