Analyzing the Tax Cuts

David Cay Johnston has a quite comprehensive analysis of the Bush tax cuts. It's a relatively complex read but his titles of the tables used in the analysis tell most of the story for those of us who are not tax wonks:

• 2008 Average Incomes Fell Well Below 2000 Level
• More Taxpayers, Less Revenue
• 2007 to 2008: Fewer Jobs, Less Money (Mostly)
• High-Income Paying Zero Tax 1998-2008
• 2008: Fewer Jobs, Lower Pay (With Exceptions in Bold)