Economy

The Cost Of Bush Tax Cuts For The Richest 5 Percent: $11.6 Million Per Hour

CREDIT:

The National Priorities Project, in partnership with Citizens for Tax Justice, has released a new site tracking the ever-growing cost of the Bush tax cuts. They found that the tax cuts for only the richest 5 percent of Americans “cost the U.S. Treasury $11.6 million every hour of every day.”