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Saturday, August 14, 2010

A Picture Is Worth A Thousand Words - Bush Tax Cuts

GOP plan to extend tax cuts for rich adds $36 billion to deficit, panel finds.  And of that top bracket, households earning more than $1 million a year gain nearly $31 of the $36 billion in tax cuts.

So where do you fit in?  Check out the graphic below.  Are the Bush Tax Cuts good for you?

1 comment:

  1. Obama said he would end the tax cuts for those making 250,000/500,000 and continue them for those making less than 250,000. Now that he's going ahead with that plan, Republicans are trying to make it seem like he's raising taxes on everyone when in fact he's only restoring them on the rich.