Liberté. Égalité. Fraternité.
It is a lie to say that the Bush tax cuts for the wealthy caused the deficit. Here are the actual facts:
Following is a breakdown on some of the key measures and their costs, based on revenue estimates from the Joint Committee on Taxation, unless otherwise noted.
Bush tax cuts: $544.3 billion. The package would extend the Bush tax cuts for everyone for two years.
The bulk of that cost -- $463 billion -- is for the extension of cuts for families making less than $250,000, including two years of relief for 2010 and 2011 for the middle class from the Alternative Minimum Tax.
The rest -- $81.5 billion -- is attributable to the extension of cuts that apply to the highest income families.
The cost of extending all the tax cuts over 10 years would have been $3.7 trillion.
Source: Bush tax cut deal and surprise stimulus - what they cost - Dec. 7, 2010
As you can see, if the Bush tax cuts increased the deficit, the increase came primarily from tax cuts for the non-"wealthy." As you can see, I have chosen a highly conservative news organization for my numbers. NOT!