Louisville BusinessDaily

2001 2003incomeTaxCutsAsAShareOfTaxBurden gif

Summary: emerges Using this approach the biggest percentage cuts went to the lowest income classes with the bottom 20 receiving a reduction of nearly 120 of their income tax burden while the top 1 received a cut of just 13 As a result one of the effects of the tax changes in 2001 and 2003 was to make the distribution of income slightly more equal Conclusions The decline

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