Good news ya'll, I'm "affluent." At least that's according to the Washington Post:
The House passed three separate tax cuts yesterday and plans to approve a fourth today, trimming the federal revenue by $94.5 billion over five years -- nearly double the budget savings that Republicans muscled through the House last month.
GOP leaders portray the tax bills -- for the hurricane-ravaged Gulf Coast, affluent investors, U.S. troops serving in Iraq and taxpayers who otherwise would be hit by the alternative minimum tax -- as vital to keeping the economy rolling.
So who are these affluent investors? I kept reading:
Debate will be considerably more rancorous today, when the House votes on a $56 billion tax package, the centerpiece of which would extend the 2003 cuts on the tax rates on dividends and capital gains through 2010.
So basically it's anyone who owns stock -- roughly half of all Americans. We really are lucky to live in such a prosperous country.
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