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BUSH TAX CUTS FAVOR RICH (duh)

MSNBC: Tax burden shifts to the middle

Since 2001, President Bush's tax cuts have shifted federal tax payments from the richest Americans to a wide swath of middle-class families, the Congressional Budget Office has found, a conclusion likely to roil the presidential election campaign.

NY Times: Report Finds Tax Cuts Heavily Favor the Wealthy

I will now restate my subtle in-depth commentary, for those that missed it: Duh.

August 13, 2004 at 02:23 AM in Current Affairs | Permalink

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Comments

Krugman has a great piece in today's Times on this topic, also.

Posted by: JasonC at Aug 13, 2004 12:15:47 PM