Publication Date: August 2008
Publisher: Center on Budget and Policy Priorities (Washington, D.C.)
Author(s): Jim Horney; Chye-Ching Huang
Research Area: Banking and finance
Keywords: Household income; Financial projections; Economic inequality
A recent Treasury report, apparently intended to encourage the extension of all of the 2001 and 2003 tax cuts, incorrectly implies that many of these tax cuts benefit low- and middle-income taxpayers.