The Mudcat Café TM
Thread #132147   Message #2987300
Posted By: Donuel
15-Sep-10 - 12:15 PM
Thread Name: BS: Rich tax cuts?
Subject: RE: BS: Rich tax cuts?
The average income of the rich is in the the 6 to 8 million dollars a year.
The average tax break fo this 3% of the population amounts roughly to $100,000.

The cost to the nation is $700 BILLION over 10 years - but since it will be paid with borrowed money the interest brings this amount to well over a trillion.