Posts Tagged ‘Tax History’

A look at taxes in perspective

December 11, 2012
Double click to enlarge

Double click to enlarge

If we return to Clinton-era tax rates, taxes will still be low by historic standards.

Keep in mind that the tax rates shown are only the top marginal rates, paid on income above a certain threshold.  Most people, including the very rich, are taxed at a lower overall rate.

Hat tip to The 21 Blog.

Taxes: us and them, then and now

November 2, 2012

Click to enlarge

Mitt Romney promises more tax reductions.  But if taxes are too high in the United States, they’ve been too high for a long time, both in the United States and the rest of the industrial world, as the chart shows.

Hat tip to The Big Picture.