Millionaires Tax Cut
 Kansas WorkBeat  Millionaires Tax Cut 

Millionaires TAX CUT

107,000 families in Kansas, or 29 percent of Kansas families with children, would not benefit from the Bush tax plan MORE

1-Page FLYERS FROM FAIR TAXES FOR ALL

If you care aboute fairness

If you care about working families

If you care about health and the enivoronment

The Bush Tax Plan...Break the Budget

If you care about working women

 

40 % of the Bush tax cut goes to the richest 1%

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.. the tax cuts that would go to the one percent of taxpayers with the highest incomes would exceed the new resources proposed for all other national priorities combined. MORE

The after-tax incomes of the top one percent would rise, as a result of the bill, by three times as large a percentage as the after-tax incomes of the middle fifth of taxpayers would increase, even though the after-tax income of the top one percent has risen much faster over the past decade than the after-tax income of those in the middle or bottom of the income spectrum, pushing income disparities to their widest level on record. MORE

... repeal of the estate tax that is part of the Bush tax plan would provide as much in tax reductions to the 4,500 largest estates as the entire Bush tax plan would provide to 142 million people... The 4,500 largest estates and the 142 million people with the lowest incomes would each receive approximately $28 billion under the plan in 2010, when estate tax repeal would be in full effect.MORE

President Bush has claimed that under his plan, the "average" family would receive a tax cut of $1,600. Almost ninety percent of taxpayers would receive less than $1,600 in tax cuts if the Bush plan were fully implemented in 1999.   MORE

FACT SHEETS AND BACKGROUNDERS ON THE BUSH TAX PLAN

107,000 Low- and Moderate-Income Families in Kansas With 201,000 Children — Would Not Benefit from Bush Tax Plan--Center on Budget Policies and Priorities

4,500 Largest Estates Would Receive as Much From the Bush Plan as 142 Million Americans--Center for Budget Policies and Priorities

Bush Tax Cut Would Widen Record After-Tax Income Disparities--Center for Budget Policies and Priorities

Estate Tax Affects Few Families--Center for Budget Policies and Piorities

Estate Tax Myths and Realities--United for a Fair Economy

Estate Tax Repeal Would Harm Charitable Giving--United for a Fair Economy

Leading Economists, Including Eight Nobel Prize Winners, Oppose Bush Plan--Economic Policy Institute

In Bush Budget, Tax Breaks for Top One Percent Are Greater Than All Other Initiatives Combined--Center on Budget Policies and Priorities

What Are the Chances You’ll Get the “Average” $1600 Tax Break--Citizens for Tax Justice

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