The poorest fifth of Americans would get just under 3 percent of the tax breaks.
More than half of the tax cuts proposed in former Florida Gov. Jeb Bush's (R) tax plan would flow to America's wealthiest citizens, according to a report released by the nonpartisan group Citizens for Tax Justice, which advocates for "requiring the wealthy to pay their fair share."
While Americans at every income level would get a tax break under the presidential hopeful's plan, the report concludes, the size of that break would differ vastly. Those part of the poorest 20 percent of the country would receive, on average, a $227 cut, while those in the top 1 percent could expect about $82,392 -- a nearly 53 percent share of the individual income tax cuts.
More: More Than Half Of Jeb Bush's Proposed Tax Cuts Would Benefit The Top 1 Percent: Report
I recently heard that about 400 wealthy families control our government. Can those 400 wealthy families put Jeb in the White House? I don't know...
More than half of the tax cuts proposed in former Florida Gov. Jeb Bush's (R) tax plan would flow to America's wealthiest citizens, according to a report released by the nonpartisan group Citizens for Tax Justice, which advocates for "requiring the wealthy to pay their fair share."
While Americans at every income level would get a tax break under the presidential hopeful's plan, the report concludes, the size of that break would differ vastly. Those part of the poorest 20 percent of the country would receive, on average, a $227 cut, while those in the top 1 percent could expect about $82,392 -- a nearly 53 percent share of the individual income tax cuts.
More: More Than Half Of Jeb Bush's Proposed Tax Cuts Would Benefit The Top 1 Percent: Report
I recently heard that about 400 wealthy families control our government. Can those 400 wealthy families put Jeb in the White House? I don't know...