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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Nadine Carroll who wrote (132207)3/16/2001 4:59:43 PM
From: willcousa  Respond to of 769667
 
And they will then pay an even greater percentage of the taxes under Bush's system.



To: Nadine Carroll who wrote (132207)3/16/2001 5:57:10 PM
From: Ish  Respond to of 769667
 
<<The richest 1% current pay 21% of taxes and stand to receive 43% of Bush's proposed tax cut (including income and estate tax cuts)...>>

Wow, now what is the break without the estate tax? Since only 2% pay the estate tax, including it skews the figure. I've heard it costs as much to administer the estate tax as it brings in.