Taxes

Study: Bush Tax Cuts Offer Most For The Very Rich

A 10-Step Program For Democrats

Democrats should move boldly to improve our economy, working lives and health. more »

Unprogressive Democrats

Lessons from Wilson, Roosevelt and Johnson on how to deal with today's Blue Dogs. more »


Bill Scher and Isaiah J. Poole's picture

The Risk Shift We Can't Afford

For less than half of the cost of the Bush administration tax cuts, the federal government could cover its share of the cost of a health care system that insures nearly all Am more »

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A Wreck In Iraq: Your Letters

What Dreyfuss gets wrong, where economists are right, and more: Readers react in this week's letters. more »

Ask For Little, Get Nothing

We voted for economic change, and the incoming Democrats need to hear us. more »

How Democrats Go Wrong

Dems can't recycle Rubinomics to improve our current situation. A new, progressive plan is in order. more »

Why I'm Not Celebrating Yet

Progressives aren't ready to press a Democratic Congress for equitable economic policies. more »

Robert Borosage's picture

Conservative Tax Breaks: The Greatest Help for Millionaires

President Bush declared his tax breaks would provide "the greatest help for those most in need." In reality, conservative policies have delivered meager tax savings for most Americans, while most of his tax cuts went to millionaires.

In 2006, low-income families received an average tax break of $23, while middle-income families got an average tax break of $746. By contrast, the average tax break for millionaires was over $111,500.

Meanwhile, low- and moderate-income families have not been able to keep up with higher costs for necessities like health care, housing, education and gasoline. In 2006 the average cost to a middle-income earner for these necessities has ranged from $13,879 to as high as $28,064.


Bill Scher and Isaiah J. Poole's picture

Polluters Get A 'Thumping'

"President Bush wasn’t the only one who took a 'thumping' on Election Day," says Clean Air Watch president and TomPaine.com contributor Frank O'Donnell. more »

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