No surprise there. That is why the cries of “the Bush tax cuts only helped the rich” ring hallow. Across the board rate cuts will of course appear to help (in nominal terms) those who pay the most taxes.
I wonder if anyone has kept a tally on how many billions of dollars worth of programs the Democratic presidential candidates are promising can be paid by “taxing the rich” more?
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Brian Balfour says
No surprise there. That is why the cries of “the Bush tax cuts only helped the rich” ring hallow. Across the board rate cuts will of course appear to help (in nominal terms) those who pay the most taxes.
I wonder if anyone has kept a tally on how many billions of dollars worth of programs the Democratic presidential candidates are promising can be paid by “taxing the rich” more?