Wednesday, July 23, 2008

bush - friend to the rich, not so much to you & me

According to IRS data, “the richest 1% of Americans in 2006 garnered the highest share of the nation’s adjusted gross income for two decades” and “possibly the highest since 1929.” Meanwhile, “the average tax rate of the wealthiest 1% fell to its lowest level in at least 18 years.”

(Think Progress)