Institute Index: Taxing Times
Latest stats from our Facing South newsletter (you can sign up using the box to the right):
Percent of citizens making less than $25,000 a year audited by the IRS in 2005: 8.8%
Percent making more than $200,000 a year that were audited: 4.6%
Percent of millionaires audited: .02%
Value of tax refund claimed this year by Vice President Dick Cheney and his wife: $1.9 million
Percent of a $165 million contribution made by Texas billionaire T. Boone Pickens that he wrote off his taxes under a special tax provision to help Hurricane Katrina victims: 100%
Percent of his contribution that went to the golfing program at Oklahoma State University: 100%
Estimated amount that President Bush's tax cuts will increase the national debt over next 10 years: $900 billion
Percent of U.S. residents who believe we should keep the estate tax, which Congress will consider eliminating in May: 57%
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