Bushonomics


| November / December 2003


  • 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

Source: Citizens for Tax Justice