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A Better Alternative to the Bush Tax Cut: Could the differences be any clearer?

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Publication Date: March 2004

Publisher(s): Economic Opportunity Institute

Author(s): Marilyn P. Watkins

Topic: Banking and finance (Taxation and tax policy)

Keywords: Tax structure; Economic prosperity

Type: Brief

Coverage: United States

Abstract:

Contrasts the benefit for lower income families with that of the wealthiest 1% under George W. Bush's tax plan. Illustrates how a one-time $500 prosperity dividend to every legal permanent resident of the United States would provide an immediate boost to the economy and promote our nation’s long term economic health.