According to an analysis by The New York Times, the combination of all income taxes, sales taxes and property taxes took a smaller share of [Americans’] income than it took from households with the same inflation-adjusted income in 1980.
Households earning more than $200,000 benefited from the largest percentage declines in total taxation as a share of income. Middle-income households benefited, too. More than 85 percent of households with earnings above $25,000 paid less in total taxes than comparable households in 1980.
Low-income households, on the other hand, “saved little or nothing.”
Many pay no federal income taxes, but they do pay a range of other levies, like federal payroll taxes, state sales taxes and local property taxes. Only about half of taxpaying households with incomes below $25,000 paid less in 2010.”
The have-nots get screwed while the haves complain about them. America!
Most Americans Paying Less Taxes Now Than in the 80s, But the Poor Get No Break
No comments:
Post a Comment