Understanding the Tax Cuts

Bush’s tax cut proposal:

The White House said the plan will give 92 million taxpayers an average tax cut of $1,083 this year.

Here’s how to understand how “you” are going to come out ahead from the Bush tax cut proposals: If you have 1,000 people, and one of them gets $1 million, and the rest get nothing, these people will get an average of $1,000.