CBO Report: Bush Tax Cuts Tilted to Rich

According to the Congressional Budget Office (remember the Republicans control both houses of Congress now), a full 1/3 of the president's tax cuts have gone to the wealthiest 1 percent of Americans (those earning more than $1.2 million a year), and 2/3 went to the top 20 percent of income earners (those earning more than $203,740 a year). Congressional analysts said the report indicates the tax burden is increasingly shifting to middle-income taxpayers.

I agree with Admin over at Blah 3 who predicts the conservative echo chamber will cry "class warfare" like they always do. Well, here's the president in his own words:

"Let me finish please. But by far the vast majority of my tax cuts go to the bottom end of the spectrum. And this language about Governor Bush's only has tax cuts for the rich, sounds exactly like Al Gore. -George W. Bush during the 2000 Rebublican debate in South Carolina.