November / December 2003
Staff Utne magazine
- Average tax savings that will accrue to the richest 1 percent
of Americans during the first four years of the latest round of
Bush tax cuts: $103,999
- Average tax savings that will accrue to the poorest 20 percent
of Americans during the same period: $45
- Percent of the total tax benefits accruing to the bottom 60
percent of Americans: 8.5
- Percent of the total tax benefits accruing to the top 1 percent
of Americans: 38.9
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Source: Citizens for Tax Justice