American Society, Economy

How 50 Years of Tax Cuts Have Benefited America's Wealthiest Taxpayers

0 Comments 07 April 2010

In the wake of a Quinnipiac University poll which found that 60 percent of Americans in both major political parties are in favor of raising income taxes on households making more than $250,000, a new report exposes how increases in tax breaks over the past 50 years have favored the most affluent. The report also details an Economic Tax Recovery Plan that would raise $450 billion in revenue by ending unfair tax benefits to the wealthiest Americans. (Download the report: http://wealthforcommongood.org/wp-content/uploads/2010/04/ShiftingResponsibility.pdf)

Wealth for the Common Good is a network of business leaders, small business owners and wealthy individuals calling for a rebalancing of our tax system to restore fairness and responsibility.

Continue reading this article over at Common Dreams.

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