Together, all federal taxes equaled 14.4% of the nation's economic output last year, the lowest level since 1950. Add state and local taxes, and the share nearly doubles, to about 27%, according to the Tax Policy Center in Washington — still lower than at almost any other point in the last 40 years.
For more, see Why Americans Think the Tax Rate Is High, and Why They're Wrong by , January 19, 2012 at NYTimes.com.
No comments:
Post a Comment