Saturday, April 23, 2011

How low are taxes? Too low.

?For most Americans, taxes were lowered through the stimulus package passed in 2009 and extended to 2010, and they were also lowered in the tax compromise between Obama and Republicans. Current rates are at historic lows compared with ones from 1955 ? when the numbers started being tracked ? through 2007.? ? Left unsaid is that in a time of high deficits and staggering inequality, taxes being lower than at any time since 1955 means taxes are too low.



Source: http://feeds.washingtonpost.com/click.phdo?i=4a82f0f394ebd9fbfaec87861e120bb9

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