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What will the rich do with their tax cuts?

The top 1% of American earners could receive an average 'tax cut' of $83,347 each

Outgoing Florida Congressman Alan Grayson, the firebrand Democrat, gave an entertaining presentation on the House floor recently explaining what the rich would do with their “Bush tax cuts”.

While intended as an expose of excess, Grayson's flip-board show ended up sounding more like a holiday gift guide for millionaires.

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