Top 0.1 Percent Will Get Nearly $1 Million Tax Cut from McCain »
Posted By TheVisionary 4 months, 2 weeks ago in NewsThe top 0.1 percent of households – which include a handful of “middle-class” families under McCain’s definition — earn an average of $6.7 million. They would collect at least 18 percent of McCain’s tax cuts, including the extension of the Bush tax cuts.
Under McCain, each of these super-rich households would receive $992,000, on average.
In contrast, McCain’s tax plan gives no help to tens of millions of American families, including nearly all middle-class families without dependents and another 34 million who do not owe income taxes (although they do pay other taxes).
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