Tag: tax rates
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Graphically Misrepresenting the National Debt (CBPP)
The chart below is making the rounds at liberal news outlets today. I wasn't going to comment on this because I don't like engaging in deeply partisan topics on this blog, but the stat guy in me just can't keep quiet. 😉 Here is the chart: I'm going to take the percentages at face value.…
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About That Middle-Class Squeeze…
Investor's Business Daily: About That Middle-Class Squeeze… (HT: Mark Perry) The poor in America pay virtually no taxes at the federal level. What taxes they do pay have been falling for decades. The total effective federal tax rate — for income, payroll and excise taxes — for the bottom 20% of U.S. households was halved…