The Progressive Truth

Monday, March 16, 2009

Reagan Beats Out Obama... on Taxing the Rich

Republicans are distorting the facts, and we need to set the record straight: Obama's budget asks far less of the rich than President Reagan or Nixon did.

The budget cuts taxes for 95% of working Americans who are struggling to make ends meet. And to pay for the investments we desperately need to get our economy moving again, it closes tax loopholes for big corporations and rolls back the Bush tax cuts for the wealthiest Americans.

Pass this chart on to your friends, so everyone knows the facts.