Categories
Politics

Reports say Bush tax cuts helped rich

As I was looking around the internet for economic news, I ran across this interesting article and report from the Congressional Budget Office that says the tax burden fell for those making $1M, but increased for lower levels. If you read the article, it would explain why I (as a part of the middle class) was paying more in taxes each of the last two years. Now, how is President Bush going to explain that come November?  

Reference: http://money.cnn.com/2004/08/13/news/economy/election_taxes.reut/  

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.