Bush Tax Cuts Reduced President's Taxes by 14 Percent, Cheney's by 21 Percent, in 2006

May 4, 2007 9:31 AM |

A new paper from Citizens for Tax Justice shows that President George W. Bush and his wife Laura received a $31,037 income tax reduction for 2006 due to the President's tax cut program. Vice-president Dick Cheney and his wife Lynne, whose income was much higher, saved $110,932.

CTJ director Bob McIntyre notes, "At a time when our nation is running huge deficits and spending hundreds of billions of dollars and thousands of American lives on the Iraq war, you'd think such people would be asked to sacrifice a little rather than receiving such largesse."

 

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