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Tax relief for whom?


In May, Congress passed $70 billion in tax cuts over the next five years. Guess who benefits?
                             Average
Income                     Tax Savings

$10,000-20,000                    $2
$20,000-30,000                    $9
$30,000-40,000                   $16
$40,000-50,000                   $46
$50,000-75,000                  $110
$75,000-100,000                 $403
$100,000-200,000              $1,388
$200,000-500,000              $5,562
$500,000-1 million            $5,562
More than $1 million         $41,977

Source: Senate Finance Committee
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Title Annotation:bill passed by United States. Congress
Publication:Sojourners
Article Type:Brief article
Geographic Code:1USA
Date:Jul 1, 2006
Words:70
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