Responsible Wealth, Responsible Taxes
Every day, the damage done by the Bush tax cuts for the wealthy becomes clearer.
With 15 million people unemployed, millions of families facing home foreclosure, and state and local budgets decimated by lost revenues, there is a huge struggle to find the resources needed to respond to our economic crisis.
If you're wondering why we're in such bad budgetary straits, remember those Bush tax cuts of 2001 and 2003. Nearly half of the cuts went to W's "base"--the top 5 percent of income earners--while the bottom 60 percent received less than 15 percent. By the end of this year, W.'s fiscal malfeasance will have cost this nation--ready for this?--$2.5 trillion
