Good Money After Bad

As you listen to the Republicans tell you over and over ad nauseum about how great the Bush ecomomy is and how great the tax cuts were for the country. Remind any who flaunt this as an excuse to even remotely consider returning any of these bums to our government about this.

45.8% of the benefits from a reduction in capital gains and dividends went to people with incomes over $1 million. There were 284,000 taxpayers in this income group. This is .19% of all taxpayers.

An additional 10.8% of the benefits went to people with incomes between $500,000 and $1 million. There were 593,000 taxpayers in this income group. This is .40% of all taxpayers.

17.4% of the benefits went to people with incomes between $200,000 and $500,000. There were 3,588,000 taxpayers in this income group. This is 2.46% of all taxpayers.

14.3% of the benefits went to people with incomes of $100,000 to $200,000. There were 14,039,000 taxpayers in this income group. This is 9.66% of all taxpayers.

H/t to Susie