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


 

Publication Date: March 2004

Publisher: Economic Opportunity Institute

Author(s): Marilyn P. Watkins

Research Area: Banking and finance

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.