Tuesday, May 10, 2011

Are Americans Paying Enough Taxes?

HT: The Big Picture

From McClatchy writer Kevin Hall:

"Here's a dirty little secret that most Americans don't want to hear: We're under-taxed.
That may sound like heresy; nobody wants to pay more taxes. But by historical standards, what we pay in federal taxes — rich, poor and everyone in between — has gone down.
At a time when Washington is wrestling with how to end federal budget deficits and trim the national debt — huge questions that are expected to dominate the nation's politics through the 2012 elections — the fact that Americans are under-taxed compared with U.S. historic norms is central to the discussion. "
 

 

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