Giving Handouts To The Mega-Rich?

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

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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