Chart of the Day

I’ve been a little lax on pure domestic politics lately, so here’s a nice chart from Ezra Klein earlier this week which shows just how much the Bush tax cuts benefit the super-rich– in percentage terms– compared to everybody else.  The chart below compares keeping the entire Bush tax cuts, versus Obama’s proposal.

bushtaxcutsincomepercent.png

What you can see there is that even in percentile terms, the Bush tax cuts do much more for the incomes of the rich than the poor, and the Obama proposal would do a lot more for the poor than for the rich. Make of this what you will.

About Steve Greene
Professor of Political Science at NC State http://faculty.chass.ncsu.edu/shgreene

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