18 April 2008

Tax Day Gifts for the Rich

by Holly Sklar

When it comes to cutting taxes for the wealthy, President Bush can truly say, "Mission accomplished."

The richest 1 percent of Americans received about $491 billion in tax breaks between 2001 and 2008. That's nearly the same amount as U.S. debt held by China -- $493 billion -- in the form of Treasury securities.

Do you want our government to mortgage more of our nation's future to finance tax breaks for the rich?

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