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Originally posted by orionthehunter
Bush: I don't like his position when it comes to reducing the deficit. It has increased by alot. He talks about tax cuts but I believe I only saved a measly $50 a year from his tax cuts. I bet Bill Gates saved millions or maybe a few other rich folks saved thousands.
Bush could hardly have been farther off base when he said most of his tax cuts "went to low- and middle-income Americans." That's just not true.
In fact, the nonpartisan Tax Policy Center recently calculated that most of the tax cuts -- 53% to be exact -- went to the highest -earning 10% of US individuals and families.Those most affluent Americans got an average tax cut of $7,661.