Monday, January 08, 2007

Too Much Study

This is like doing one more study on whether or not humans are causing global warming.

Families earning more than $1 million a year saw their federal tax rates drop more sharply than any group in the country as a result of President Bush’s tax cuts, according to a new Congressional study.

The study, by the nonpartisan Congressional Budget Office, also shows that tax rates for middle-income earners edged up in 2004, the most recent year for which data was available, while rates for people at the very top continued to decline.

We're getting hosed while the rich get richer by doing nothing more than writing checks to the ReThugs & the dumbass members of the Democratic Party.

1 comment:

Reflections said...

yes, like the top 10% wage earners hold 70+% of the wealth!