POLITICS
10/11/2010 05:12 am ET Updated May 25, 2011

Rich Would Still Get Tax Cuts Even If Bush Tax Cuts Expire

Taxpayers with income of more than $1 million for 2011 would still receive on average a tax cut of about $6,300 compared with what they would have paid under rates in effect until 2001, according to the analysis, which was prepared by the Joint Committee on Taxation at the request of the Democratic majority on the House Ways and Means Committee.

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