Research Dispels Bush Claims That Tax Cuts Create Jobs - Yahoo! News: "Changes in tax policy suggest no evidence of their impact on job creation or destruction...Since 1950, significant tax increases and decreases have both been followed by job losses and job gains, say the researchers.

Based on statistical analysis of changes in tax polices and rates of job growth in the past 60 years, the report points out that tax reduction does, however, disproportionately lead to economic disparity between the rich and poor....

Last year, one million people fell below the poverty line, a disproportionate number of them children, while the number of billionaires rose to 374, the study says, adding that the number of people living in poverty rose from 11.3 percent in 2000 to 12.7 percent in 2004."