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Tuesday, October 11, 2011

THE COST OF BUSH TAX CUTS FOR THE RICHEST 5 PERCENT: $11.6 MILLION PER HOUR

The National Priorities Project, in partnership with Citizens for Tax Justice, has released a new site tracking the ever-growing cost of the Bush tax cuts. They found that the tax cuts for only the richest 5 percent of Americans “cost the U.S. Treasury $11.6 million every hour of every day.”

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