11:41 PM
Man, check this out: according to The New York Times article "Report Finds Tax Cuts Heavily Favor the Wealthy"...
Fully one-third of President Bush's tax cuts in the last three years have gone to people with the top 1 percent of income, who have earned an average of $1.2 million annually, according to a report by the nonpartisan Congressional Budget Office to be published Friday.The report calculated that households with incomes in that top 1 percent were receiving an average tax cut of $78,460 this year, while households in the middle 20 percent of earnings - averaging about $57,000 a year - were getting an average cut of only $1,090.
The article goes on to note that this 1% pays a disproportionate amount of taxes, but I've gotta side with Warren Buffett on this one that top 1% doesn't need the money half as bad as, say, those of us in the lower 99%.
Heh. That ought to throw a little gasoline on the pyre.
While I'm being political, has anybody else noticed that Bush and Cheney's recent behavior towards Kerry has been remarkably like schoolyard idiot bullies clapping their hands over their ears and yelling "Lalalalalalalalaaaaaa" when the smart kid starts showing them up in front of everybody? Maybe we do learn all we need to know in kindergarten. Pffft.