Tuesday, September 27, 2005

Hurricanes Rain on Bush's Tax Cut Parade -- In These Times

...New Orleans provides only one example of how tax cuts are routinely put ahead of the most pressing public priorities. For proof, just look at the Detroit News’ special report before the most recent presidential election. The newspaper reported that in 2004 alone, the richest 10 percent of Americans received tax cuts that were “twice as much as the government will spend on job training, $6.2 billion; college Pell grants, $12 billion; public housing, $6.3 billion; low-income rental subsidies, $19 billion; child care, $4.8 billion; insurance for low-income children, $5.2 billion; low-income energy assistance, $1.8 billion; meals for shut-ins, $180 million; and welfare, $16.9 billion.”

Hurricanes Rain on Bush's Tax Cut Parade -- In These Times

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