In case anyone is still unconvinced about the ?alleged? tax cuts for the wealthy, allow me to illuminate the situation with hard dollars and cents.
According to their own tax returns,
President and Mrs. Bush reported $784,219 in total income on their tax return. They paid $207,307 in income tax, $28,846 less than under the pre-Bush tax law.
Vice-president and Mrs. Cheney reported $2,173,892 in total income on their tax return. They paid $365,840 in income tax, $81,336 less than under the pre-Bush tax law.
In percentage terms, the Bushes paid 12 percent less in income tax due to the President?s tax cuts. The Cheneys paid 18 percent less.
And in case you were wondering, the average American paid $742 less than last year.