Yahoo! News - Bush Tax Cuts Heavily Favor Rich, CBO Says -Reports
NEW YORK (Reuters) - President Bush's tax cuts have transferred the federal tax burden from the richest Americans to middle-class families, with one-third of them benefiting people with the top 1 percent of income, according to a government report cited in newspapers on Friday.

The report said the top 1 percent, with incomes averaging $1.2 million per year, will receive an average $78,460 tax cut this year, and have seen their share of the total tax burden fall roughly 2 percentage points to 20.1 percent, according to The New York Times.

In contrast, households in the middle 20 percent, with incomes averaging $57,000 per year, will receive an average cut of only $1,090, the newspaper said, citing the CBO report.

Taxpayers whose incomes range from $51,500 to around $75,600, saw their share of federal tax payments increase, according to CBO figures cited by The Washington Post.

I want to see these figures repeated over and over again until America finally wakes up and sees what happened here. And keep in mind, he's calling for more tax cuts. Wanna guess who will get the benefit from those? Hint: it ain't you.