But of course super-wealthy Americans get super-savings from the investment tax cut: They're the ones who invest the most. The piece also offers hard numbers again and again—for example, those who make more than $10 million in a year saw an average tax savings of $500,000. What the story rarely does is give readers a more balanced picture, namely what proportion of income the super-rich are paying in taxes and how that compares with the not-so-rich. In fairness, the story does achieve one of its goals: deflating the rhetoric from the GOP that the dividend tax cut helps most average Joes; it doesn't.
--source
Wednesday, April 05, 2006
BUSTED!
the GOPher boy line that the tax cuts mainly help the rich? HAHA, the joke's on you buster for believing it.
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