ThinkProgress reported Tuesday that the House Republican budget, authored by Budget Committee Chairman Paul Ryan (R-WI), would give away $3 trillion in tax breaks to corporations and the wealthiest Americans. Roughly $2 trillion of those breaks are aimed at the rich, thanks to the repeal of multiple taxes that primarily affect the rich and the dropping of the top marginal tax rate from 35 percent to 25 percent.
Analysis: House GOP Budget Gives $187,000 Tax Cut To Every Millionaire
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Seeded on Sun Mar 25, 2012 2:56 PM

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