GOPwinger Lies/Distortions/Omissions/Perversions of Truth Message Board

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Politics : GOPwinger Lies/Distortions/Omissions/Perversions of Truth

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To: American Spirit who wrote (51174)	6/27/2005 8:05:30 PM
From: geode00	of 173976

TWO TAX CUTS THAT BENEFIT ONLY HIGH-INCOME HOUSEHOLDS —PRIMARILY MILLIONAIRES — SLATED TO START TAKING EFFECT IN 2006: Will These Tax Cuts be Implemented While Basic Programs for the Working Poor and Other Families are Cut? .... * Under these two tax-cut measures, which are scheduled to phase in starting in 2006, a solid majority of the tax cuts — 54 percent of them — will go to the 0.2 percent of households with annual incomes of more than $1 million a year. The “millionaire” group will receive added tax cuts that average nearly $20,000 a year from these two tax-cut measures, once these tax cuts are fully in effect. * Some 97 percent of the tax cuts will go to the four percent of households with incomes that exceed $200,000 a year. * Virtually none of these tax cuts will go to families in the middle of the income spectrum..... cbpp.org ============ Bush: the worst president in US History.

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