Sunday, April 11, 2010

Taxed Enough Already?

If your entire platform is that you are "taxed enough already" shouldn't you have some basic information on the issue of taxation?

The Misinformed Tea Party Movement
Bruce Bartlett, 03.19.10, 12:01 AM EDT
For an antitax group, they don't know much about taxes.


"Tea Partyers were asked how much they think a typical family making $50,000 per year pays in federal income taxes. The average response was $12,710, the median $10,000. In percentage terms this means a tax burden of between 20% and 25% of income." ...

"According to calculations by the Joint Committee on Taxation, a congressional committee, tax filers with adjusted gross incomes between $40,000 and $50,000 have an average federal income tax burden of just 1.7%. Those with adjusted gross incomes between $50,000 and $75,000 have an average burden of 4.2%."

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