65 Percent of Federal Tax Cuts Since 2000 Have Gone to Richest 20 Percent – Institute on Taxation and Economic Policy | Agents of Behemoth | Scoop.it

“The tax cuts enacted since 2000 have been enormously costly and have mostly benefited those who are least in need of help,” said Steve Wamhoff, director of federal policy at ITEP and the lead author of the analysis. “For example, the richest 1 percent received more benefits than the bottom 60 percent. It’s worth asking whether this is the result most Americans wanted from their lawmakers.”