Thursday, September 02, 2004

Bush (the son) and Reagan

Earlier I wrote about the data showing that the wealthy bear a higher portion of the tax burden under the Bush tax cuts than under previous tax law. And I wrote that the mainstream press routinely misses the story.

Interestingly, the identical scenario occured with the Reagan tax cuts, both in terms of the wealthy bearing more of the tax burden after the cuts and the media stating the opposite.

Let's hope Bush is as appreciated 16 years after his retirement as Reagan was 16 years after his.