How the Tax Burden has Changed

By CL   Follow   Fri, 30 Nov 2012, 2:54am PST   483 views   4 comments   Watch (1)   Share   Quote   Permalink

Most Americans paid less in taxes in 2010 than people with the same inflation-adjusted incomes paid in 1980, because of cuts in federal income taxes. At lower income levels, however, much of the savings was offset by increases in federal payroll taxes, state sales taxes and local property taxes. About half of households making less than $25,000 saved nothing at all.

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dodgerfanjohn   befriend (0)   ignore (6)   Fri, 30 Nov 2012, 2:59am PST   Share   Quote   Like   Dislike     Comment 1

How can you save when you don't make enough to pay federal income taxes in the first place?

I hate it when articles don't include pertinent information.

Tenpoundbass   befriend (1)   ignore (18)   Fri, 30 Nov 2012, 3:19am PST   Share   Quote   Like   Dislike     Comment 2

In other news, Americans are paying over 500% more in frivolous illegal unchallenged fees and other hidden taxes in services and goods than the 80s.

franchise tax
franchise fees
access fees
gas tax
vat tax(on good from European countries)
inflation across the board on goods due to Investor manipulated Oil and Gas prices.
Property taxes
Sales taxes
Fees that are disguised as Deposits but almost never are return.
Parking costs
Parking violations

APOCALYPSEFUCKisShostikovitch   befriend (27)   ignore (33)   Fri, 30 Nov 2012, 3:22am PST   Share   Quote   Like   Dislike     Comment 3

Reagan FUCKED working Americans but pumping up FICA to pay for tax breaks for oligarchic psychopaths' Caligulan excesses.

CL   befriend (13)   ignore (0)   Fri, 30 Nov 2012, 4:20am PST   Share   Quote   Like   Dislike     Comment 4

APOCALYPSEFUCK is Shostakovich says

Caligulan excesses.

I'm thinking Caligula was misunderstood, and that the Senators he fucked with wrote the history. The fucking elitist snob senators deserved whatever he gave them!

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