Fun Tax Facts

Max Sawicky sawicky at epinet.org
Fri Aug 20 08:29:46 PDT 1999


Win bar bets, embarrass reactionaries, impress your friends with:

http://www.brookings.org/es/taxpolicy/facts.htm

For instance, there is a table showing that for the bottom 60% of tax filers, average tax burdens from 1980 to 1999 have gone down (mostly after 1990). For the fourth quintile, the increase is just a tenth of a percent.

Another one, for the bottom 80% of filers, Federal income taxes are less than 9% of income.

And finally, for 74% of families, payroll taxes exceed Federal personal income taxes.

mbs



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