$56 Billion in Tax Cuts Passed
House Measure Would Extend Breaks for Investment Income
"The Tax Policy Center, run jointly by the Brookings Institution and the Urban Institute, has concluded that the bottom 80 percent of households would receive 15.8 percent of the House tax cuts' benefit. The top 20 percent would receive 84.2 percent of the benefit. Households earning more than $1 million a year would get 40 percent of the tax cuts, or an average reduction of nearly $51,000."
http://www.washingtonpost.com/wp-dyn/content/article/2005/12/08/AR2005120801350.html
House Measure Would Extend Breaks for Investment Income
"The Tax Policy Center, run jointly by the Brookings Institution and the Urban Institute, has concluded that the bottom 80 percent of households would receive 15.8 percent of the House tax cuts' benefit. The top 20 percent would receive 84.2 percent of the benefit. Households earning more than $1 million a year would get 40 percent of the tax cuts, or an average reduction of nearly $51,000."
http://www.washingtonpost.com/wp-dyn/content/article/2005/12/08/AR2005120801350.html