A reality check:And yet Republican still say taxes are too high. Put it this way, I was in eastern Indiana yesterday. Indiana's taxes may be a little lower than Ohio's. But Indiana's roads are a lot shittier than Ohio's. We bounced down a terrible road in Hoosierland, jogged on State Line Road, then turned onto a much better Ohio road. Government may squander money at times, but it is our job as citizens to push for better government. Don't burn down the house because the door sticks once in a while.
When it comes to income taxes, a family of four in the exact middle of the income spectrum will pay 5.6 percent of its 2011 income in federal income taxes, according to new estimates from the Urban Institute-Brookings Institution Tax Policy Center. Federal income taxes on middle-income families have fallen significantly in recent decades, and they have been lower under Presidents George W. Bush and Obama than at any time since the 1950s.
Friday, April 6, 2012
Chart of the Day
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