The nonpartisan Congressional Budget Office analyzed short- term effects on growth. The CBO found that increasing the take-home income of people who were already wealthy would have little to no effect on spending. Wealthy individuals finance their expenditures with current income, so tax savings results in an increased savings rate, not increased demand. Creating tax relief for families with lower income and poor credit, however, tends to increase spending and provides greater protection for people who are economically marginalized. Allowing tax cuts to continue for the top 2-3% of income earners is a misguided sentiment, which research has shown does not spur demand.