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Federal taxes on middle-income Americans near historic lows

New this morning from the wonks at the Center on Budget and Policy Priorities:

“Federal taxes on middle-income Americans are near historic lows, our updated report explains, and that’s true whether you’re talking about federal income taxes or all federal taxes.

When it comes to income taxes, a family of four in the exact middle of the income spectrum will pay only 5.3 percent of its 2013 income in federal income taxes next year, according to a new analysis by the Urban-Brookings Tax Policy Center….”

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One Comment

  1. Alex

    April 14, 2013 at 9:20 am

    Obama has shrunk the middle class, and significantly cut their income so this is no surprise !