February 7, 2001

Bush Tax Cut Tilts Toward Top

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On February 5, the Center on Budget and Policy Priorities issued an analysis, "Taking Down the Toll Booth to The Middle Class? Myth and Reality Governing the Bush Tax Plan and Lower-income Working Families." In recent statements, President Bush has said that his plan will provide tax relief to low-income families and help them enter the middle class. In his Saturday radio address on February 3, the President cited the example of a low-income waitress earning $25,000 and a lawyer she waits on who makes $250,000, presenting both individuals as important beneficiaries of his plan. This analysis asks how low-income working families would fare under the Administration's proposal. It finds: