Today’s “Make Diane’s widdle head hurt” winner is from the NY Times: Report Finds Tax Cuts Heavily Favor the Wealthy
Fully one-third of President Bush’s tax cuts in the last three years have gone to people with the top 1 percent of income, who have earned an average of $1.2 million annually, according to a report by the nonpartisan Congressional Budget Office to be published Friday.
The report calculated that households with incomes in that top 1 percent were receiving an average tax cut of $78,460 this year, while households in the middle 20 percent of earnings – averaging about $57,000 a year – were getting an average cut of only $1,090.
The new estimates confirm what independent tax analysts have long said: that Mr. Bush’s tax cuts have been heavily skewed to the very wealthiest taxpayers. Those are also the people, however, who pay a disproportionate share of federal income taxes.
Yes…because it would appear they have all the fucking money.
this reminds me of the article in the NYT Science section a few years ago about a psychology study which found that sometimes popular kids are mean to unpopular kids.