Analysis

Tax Cuts for the Wealthiest 5% of Americans Cost the U.S. Treasury $11.6 million every hour

Washington, D.C.-(ENEWSPF)- This in today from Jo Comerford, Executive Director of the National Prioriteis Project, on how much the Bush tax cuts are harming the nation’s economy:

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National Priorities Project, with support from Citizens for Tax Justice, has launched www.costoftaxcuts.com.

A rolling counter depicts the amount of money lost to the U.S. Treasury as a result of tax cuts for the top 5% of U.S. wage earners — $3.2 per millisecond. The site also…

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