I like Capitol Hill Blue, a gutsy news journal that’s exposed some important goings-on in Washington, such as the continuation of the Total Information Awareness data mining program in spite of last year’s vote in Congress to cut off funding. But sometimes CHB lets its anti-Bush bias show.
Today, I pulled up a piece on the net effect of the Bush tax plan. It showed that the effective tax rate for the top 1 percent of taxpayers dropped 19 percent, while for the middle 20 percent it dropped 4 percent. Since the top 20 percent of taxpayers pay 63.5% of all income taxes, it would seem that the result has been a tax break for everyone, and that the people who pay the most got the biggest break. That seems fair.
That’s not how Capitol Hill Blue see it. Their headline? “Middle Class Taxed Heaviest Under Bush”.