Forum Post: Re: tax cuts - "More than half of today's tax benefit on investment income goes to people in the top one-tenth of 1 percent."
Posted 7 years ago on Nov. 30, 2012, 3:08 p.m. EST by toobighasfailed
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Also: "Fewer than 20 percent of taxpayers report income from dividends, and even fewer get money from long-term capital gains." In other words, the capital gains tax cut is almost solely a gain for Wall Street and the uber rich.
(NPR & Roberton Williams of the tax center policy.)