Originally posted by travlin'easy:
I'm going to work now so I can earn enough money to pay this week's taxes.
Gary
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Middle-income Americans are now paying federal taxes at or near historically low levels, according to the latest available data. That��s true whether it comes to their federal income taxes or their total federal taxes.
��Income taxes: A family of four in the exact middle of the income spectrum will pay only 4.6 percent of its income in federal income taxes this year, according to a new analysis by the Urban Institute-Brookings Institution Tax Policy Center. This is the second-lowest percentage in the past 50 years.
�� Overall federal taxes: Middle-income households are paying overall federal taxes �� which include income as well as payroll and excise taxes �� at or near their lowest levels in decades, according to the latest data from the Congressional Budget Office (CBO).
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Souce:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3151 Just more liberal media bias, I guess.
chas