Election 2004 How are Working Families Doing Under the Bush Administration? Print copies for distribution. TAXES |
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People Like Them | BANKRUPTCIES
TAXES |
People Like Us |
Tax
cuts for the top 1 percent President Bushs three tax cuts will reduce this years income taxes for the richest 1 percent of taxpayers by an average of $78,460. [Budget Office Says Biggest Tax Cuts Go To the Richest 1 percent, Wall Street Journal, 8/13/04] Nearly one third of the nations largest and most profitable corporations paid no federal income tax between 2001 and 2003 yet still received billions of dollars in tax rebates. [Corporate Income Taxes in the Bush Years, Citizens for Tax Justice, 9/22/04] |
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crumbs for the middle class The middle 20 percent of taxpayers whose incomes averaged $51,000 in 2001 saw their tax rates drop 9 percent. [Tax Burden Shifts to Middle, The Washington Post, 8/13/04] 71 percent of Americans say they have received no tax cuts at all, at the same time their federal fees and state and local taxes have risen. [The Progress Report, 7/29/04] |