Bush tax cuts hurt 99% of Americans

June 28, 2006

Thanks to Citizens for Tax Justice for getting the truth out … that 99% of Americans got hurt by the Bush tax cuts. They’ve just released a full analysis of the tax cuts – read it here: http://www.ctj.org/pdf/debtus.pdf. The upshot? The average extra tax burden for 99% of Americans is $7,166 while the wealthiest 1% netted out with more than $30,000 in extra cash.