Preserving Bush Tax Cuts For Rich Costs $60 Billion Per Year. Here’s What Eliminating Them Could Pay For

Posted by | December 5, 2010 10:10 | Filed under: Top Stories


David Leonhart in the New York Times looks at what could be paid for with the $60 billion per year the Bush tax cuts, now being preserved.

•A tripling of federal funding for medical research.

•Universal preschool for 3- and 4-year-olds, with relatively small class sizes.

•A much larger troop surge in Afghanistan, raising spending by 60 percent from current levels.

•A national infrastructure program to repair and upgrade roads, bridges, mass transit, water systems and levees.

•A 15 percent cut in corporate taxes.

•Twice as much money for clean-energy research as suggested by a recent bipartisan plan.

•Free college, including room and board, for about half of all full-time students, at both four- and two-year colleges.

•A $500 tax cut for all households.

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Copyright 2010 Liberaland
By: Alan

Alan Colmes is the publisher of Liberaland.

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