Bushonomics

By Staff Utne Magazine
Published on November 1, 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

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