Argument: Extending Bush tax cuts would worsen income inequality
Pat Garofalo. "Stephen Moore calls for raising taxes on the poor in order to pay for tax cuts for the rich." Think Progress. July 8th, 2010: "According to the latest data, 'the gaps in after-tax income between the richest 1 percent of Americans and the middle and poorest fifths of the country more than tripled between 1979 and 2007.' The top 1 percent of families now receive nearly 25 percent of the country’s income, after earning less than 10 percent in the 1970s. This year the Bush tax cuts will give millionaires more in tax breaks than 90 percent of Americans will make in total income."