Rich get most of the tax benefits

September 27, 2010

We interrupt the continuing debate on extending the Bush tax cuts for a special non-news headline:

  Wealthy benefit most from tax subsidies


Upside Down More information is available at Reuters,
Yahoo Finance, Business Insider and from the two groups that conducted the research that produced the not surprising results, the Corporation for Enterprise Development and the Annie E. Casey Foundation.

You'll find highlights in the official announcement of the study and full details in the report itself, Upside Down: America's $400 Billion Federal Asset-Building Budget.

We now return you to your regular tax programming.

Related posts:

Want to tell your friends about
this blog post? Click the Tweet This or
Digg
This
buttons below or use the Share
This
icon to spread the word via e-mail,
Facebook and other popular applications. Thanks!

Share:

The More Tax Posts tab at the top of this page will take you to, well, more tax posts. You also can search below for a tax topic. 

Latest Posts
IRS expands TAC weekday hours through April 30, and on select Saturdays through June 27

March 8, 2026

IRS Taxpayer Assistance Centers (TACs) don’t help with filing, but offer guidance on other federal…

Read More
Hello Tax Season 2026

Happy New Tax Year! Are you ready to file your 2025 tax return? I know, too early to ask. But Tax Day 2026 will be here before we realize it. The Internal Revenue Service deadline to file and pay any tax we owe is the regular April 15 date this year. It’s also Tax Day for most of the states that collect income taxes from their residents, which is most of the states! If that seems too far away right now, don’t worry. As is the case every tax season, the ol’ blog’s tips and other tax reminders should help all of us meet our state and federal responsibilities. Procrastinators also will want to keep an eye on the countdown clock just below. It tracks how much time we have until April’s Tax Day, just in case we put off our annual tax task until the absolutely final hours and decide we need to instead get an extension request into the IRS by that date. (Note: I’m in the Central Time Zone, so adjust accordingly for where you live.)

Comments
Leave the first comment