Are you suspicious about whether the Bush tax cut would really give the average family a $1600 tax cut a year?
Well, you’ve got good reason.
According to the Center for Budget and Policy Priorities “85 percent of families would either receive a nominal tax cut of less than $1,600 or receive no tax cut at all” and “the median, or typical, family without children would receive a tax reduction of $266.”
Want more details? Check out the CBPP’s new fact sheet on how much the average family would really get under the Bush plan.