Adding to the deficit is all right when you're helping millionaires | Michael Tomasky

From Lori Montgomery of the WashPost we receive news of an instructive new study. Prepare yourselves for another stroll down the supply-side hall of mirrors:

A Republican plan to extend tax cuts for the rich would add more than $36 billion to the federal deficit next year -- and transfer the bulk of that cash into the pockets of the nation's millionaires, according to a congressional analysis released Wednesday.

New data from the nonpartisan Joint Committee on Taxation show that households...

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Published on August 12, 2010 05:39
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