Bush trumpets news: 92 million Americans will receive an average tax cut of $1,083 under his new Republican plan. Sounds pretty good? It is good, if you are in the top 1 percent of tax filers. They will receive about $24,100 in cuts. A typical middle class-household filer will receive about $256, leaving about half of all taxpayers with cuts of less than $100. Remember averaging from high school math?
Bush says 23 million small businesses will receive an average cut of $2,042. Four out of five will receive less. Fully half will receive $500 or less and one quarter of small businesses would receive none.
Bush then tries to dupe our seniors, saying 10 million seniors to receive relief. Most seniors, a full two-thirds, will receive less than $325. Two and a half percent of all seniors make more than $200,000, they get a little more than $5,000.
Are you an average Republican, or do you just support them?
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