Where Did Those Tax Cuts Go?

Richest Are Leaving Even the Rich Far Behind Read this article in the NY Times and you tell me. DavidNYC has a diary posted on it: Meanwhile, the t
By John Amato — June 4, 2005

Richest Are Leaving Even the Rich Far Behind

Read this article in the NY Times and you tell me.

DavidNYC has a diary posted on it: Meanwhile, the top 0.1% (in other words, the top thousandth of all taxpayers, 145,000 in all) reap an astonishing 15% of the Bush tax cuts. These folks all earn at least $1.6 million a year, so I can see why they really needed these tax cuts. And that's not even counting the money they have stashed away in tax shelters. Yeesh.

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