February 7, 2001

Bush Tax Plan Offers No Benefits to One in Three Families

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On February 7, the Center on Budget and Policy Priorities issued an analysis, "An Estimated 12 Million Low- and Moderate-Income Families — with 24 Million Children — Would Not Benefit from Bush Tax Plan." Based on an examination of the most recent Census data, the report finds that the President's tax-cut proposals would provide no benefit to nearly one in every three U.S. families. The report includes the following findings: