Tuesday, October 26, 2004

Disappointed With Slate

How in the hell did this story on Bush's tax cuts get past their fact checkers? The guy says nothing about where his numbers come from and they run absolutely contrary to those posted by the Congressional Budget Office. That report shows the tax rates on the top quintile dropping more on than any others, and that nobody's tax rate has fallen more than 11%. As a share of total tax revenues, the top quintile has dropped over the last 4 years, everybody else's share has increased to take up the slack. The Slate story is compete bullshit and they should be embarrassed to lend their (rapidly diminishing) credibility to it.

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