Panel: GOP Plan To Extend Tax Cuts For Rich Adds $36 Billion To Deficit The Washington Post reports: “A Republican plan to extend tax cuts for the rich would add more than $36 billion to the federal deficit next year — and transfer the bulk of that cash into the pockets of the nation’s millionaires, according to a congressional analysis released Wednesday. New data from the nonpartisan Joint Committee on Taxation show that households earning more than $1 million a year would reap nearly $31 billion in tax breaks under the GOP plan in 2011, for an average tax cut per household of about $100,000.”
This is a companion discussion topic for the original entry at https://talkingpointsmemo.com/?p=122691