R
rdean
Guest
Also, 
CTJ 
concluded
 that 
Bush 
tax 
cuts 
that
 benefited
 the 
top 
one 
percent 
in 
just 
2008 alone
 totaled
 $79.5
 billion,
 which 
is 
more 
than 
the 
entire
 budget
 for 
the 
Department
 of Education 
this 
year 
($68
 billion), 
almost 
twice 
as 
much 
as 
the 
entire 
budget 
for
 the Department 
of 
Homeland
 Security 
this
 year 
($42.3
 billion)
 and
 over 
ten 
times 
as 
much 
as the 
budget 
for
 the
 Environmental
 Protection 
Agency 
($7.5
billion).

http://economiajusta.org/files/Distribution_and_Cost_Bush_TaxCuts.pdf
Overall, 66% of those $2 trillion in tax cuts went to the top 10% of earners
On average in 2010, people who made more than a million dollars a year in income received a $152,000 tax cut from the Bush tax cuts. Most people who made under $20,000 a year didn't get any benefits from the tax cut at all.
Over the past four years, American municipalities have laid off well over a hundred thousand teachers. They've also been firing policemen, firefighters and social workers, but I think it's the firing of teachers that makes the point clearest; it keeps going on and on. (Fresh teacher layoffs are happening this spring in Las Vegas (1,015), Flint (237), Sacramento (400), Gary (169), Cleveland (700), San Diego (1,534) and Los Angeles (9,500).) If you are a regular American who can't afford private school, you are now seeing the quality of your child's education slashed because the federal government is cutting its assistance to cash-strapped states. That $1.3 trillion in tax cuts the US government sent to its richest 10% of earners from 2001-8 would really come in handy about now.
The bottom 99% of earners saw their incomes rise just 0.2%; the top 1% saw income rise 11%. Virtually the entire recovery was captured by people making over $352,000 a year.
Taxes in America | The Economist
---------------------------------------------------------------------------------
Republicans used reconciliation THREE TIMES to redistribute the wealth of the nation to the top 10%.
So those USMB Republicans crying about jobs, could they shut the.......well, you know. they got what they wanted. Why do they keep crying?
http://economiajusta.org/files/Distribution_and_Cost_Bush_TaxCuts.pdf
Overall, 66% of those $2 trillion in tax cuts went to the top 10% of earners
On average in 2010, people who made more than a million dollars a year in income received a $152,000 tax cut from the Bush tax cuts. Most people who made under $20,000 a year didn't get any benefits from the tax cut at all.
Over the past four years, American municipalities have laid off well over a hundred thousand teachers. They've also been firing policemen, firefighters and social workers, but I think it's the firing of teachers that makes the point clearest; it keeps going on and on. (Fresh teacher layoffs are happening this spring in Las Vegas (1,015), Flint (237), Sacramento (400), Gary (169), Cleveland (700), San Diego (1,534) and Los Angeles (9,500).) If you are a regular American who can't afford private school, you are now seeing the quality of your child's education slashed because the federal government is cutting its assistance to cash-strapped states. That $1.3 trillion in tax cuts the US government sent to its richest 10% of earners from 2001-8 would really come in handy about now.
The bottom 99% of earners saw their incomes rise just 0.2%; the top 1% saw income rise 11%. Virtually the entire recovery was captured by people making over $352,000 a year.
Taxes in America | The Economist
---------------------------------------------------------------------------------
Republicans used reconciliation THREE TIMES to redistribute the wealth of the nation to the top 10%.
So those USMB Republicans crying about jobs, could they shut the.......well, you know. they got what they wanted. Why do they keep crying?
