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Tax cuts and class warfare.(Between The Lines)(Brief Article)
ITEM: A Reuters story on August 13, headlined "CBO Report: Bush Tax Cuts Tilted to Rich," reported: "One-third of President Bush's tax cuts have gone to the wealthiest I percent of Americans, shifting more burden to middle-income taxpayers, congressional analysts said.... The report by the nonpartisan Congressional Budget Office ... fueled the debate over the cuts between Bush and his Democratic challenger in November, Sen. John Kerry."
BETWEEN THE LINES: Reacting to the report, Sen. Kerry quickly alleged that it proves that the Bush tax cuts "will break the back of middle-class families." NBC Nightly News echoed this charge, yet neglected to note that the study was requested by ranking Democrats. But the CBO study itself shows that the tax cuts actually have decreased, not increased, the share of income taxes paid by middle-class earners. The middle quintile of taxpayers, ...
- Wisconsin State and Local Tax Burden Drops from 4th to 7th; WMC Says Study...
- Press release article from: PR Newswire April 9, 2003 700+ words
...The non-partisan Tax Foundation in Washington, D.C...7 percent in 2003. The Tax Foundation said the drop results from tax cuts; and a slowing economy...average this year, the Tax Foundation reports. The national...
- Republicans insist Bush tax cuts working; Interpretation of study...
- Newspaper article from: The Washington Times August 18, 2004 700+ words
...spokesman for the bipartisan Tax Foundation. Nevertheless, these analysts said the Bush tax cuts have done nothing to...Hodge, who runs the Tax Foundation. Former CBO Director...some degree from the tax cuts over the past three years...
- Permanent Tax Cuts Needed to Protect State's Economy, WMC Says; Jauch-Ellis...
- Press release article from: PR Newswire August 31, 1999 700+ words
...billion surplus, permanent tax cuts for individuals and businesses...to the non-partisan Tax Foundation in Washington, D.C. "Without permanent tax cuts, Wisconsin risks taking...businesses deserve permanent tax cuts to protect our economy...
- New Tax Foundation Study: Sound Energy Tax Policy Nowhere in Presidential Plans.
- Press release article from: Business Wire May 6, 2008 700+ words
...taxes and gas tax cuts suggested by...according to a new Tax Foundation analysis of the...policy, says Tax Foundation senior economist...new study is Tax Foundation Fiscal Fact...group of the gas tax cuts offered by McCain...
- Bush's tax cuts add up to zero; Millions of filers will pay nothing.(PAGE ONE)
- Newspaper article from: The Washington Times June 19, 2003 700+ words
...Bush's two major tax cuts in 2001 and 2003 have...according to numbers by the Tax Foundation and Citizens for Tax...to numbers from the Tax Foundation. "Every bill since...Justice, said the Bush tax cuts haven't done as much...thanks to the Bush tax cuts - ...
- Bush tax cuts found to aid DeWine more: Opponent Brown benefited less.
- Newspaper article from: Blade (Toledo, OH) October 13, 2006 700+ words
...President's first-term tax cuts had never passed. Mr...cuts favor most. The Tax Foundation, which promotes lower...income households." A Tax Foundation staff economist, Gerald...Brown. "When you pass tax cuts on investment income...
- Tax cuts miss mark.(Business)
- Newspaper article from: The Washington Times Hyman, Julie March 17, 2000 700+ words
The tax cuts Congress tacked onto minimum...lawmakers attached the tax cuts to the wage bill passed...highlighted the estate-tax cuts as especially vital...senior economist at the Tax Foundation, a conservative-leaning...
- Tax Cuts In the Crosshairs.
- Newspaper article from: Kiplinger Business Forecasts July 11, 2001 700+ words
...Congress won't reverse the tax cuts as long as the House...amendment to repeal the 2001 tax cuts to pay for education...economist for the nonpartisan Tax Foundation. He adds that two other...talk of reversing the tax cuts, Vice President Cheney...
Source: HighBeam Research, Tax cuts and class warfare.(Between The Lines)(Brief Article)