Top 20% pay 80% of taxes

Excellent story

At any rate (reading from Times), "Fully one-third of President Bush's tax cuts in the last three years have gone to people with the top 1% of income who have earned an average of $1.2 million annually, according to a report by the CBO to be published today. The new estimates confirm what independent tax analysts have long said, that Mr. Bush's tax cuts have been heavily skewed to the very wealthiest taxpayers. Those are the people, however, who pay a disproportionate share of federal taxes."