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Top 10 Myths About the Bush Tax Cuts

Myth: The Bush tax cuts were tilted toward the rich. Fact: The rich are now shouldering even more of the income tax burden. From 2000 to 2004, the share of all individual income taxes paid by the bottom 40% of taxpayers dropped from 0% to -4%, meaning that the average family in those quintiles received a subsidy. The share paid by the top 20% of households increased from 81% to 85%. ....

Alternative Minimum Tax , Laffer Curve , Brian Riedl , Tax Cuts ,

Curb Spending Growth

The Senate's larding up of $14 billion to the president's Iraq and Gulf Coast supplemental spending request is yet more evidence our lawmakers have surrendered any pretense of spending restraint. ....

United States , Gulf Coast , Social Security , Ederal Spending , Budget Reform , Gulf Coast ,