Friday, January 20, 2012

Effective Tax Rates, Revisited.

With recent discussions about Romney's 15% effective income tax rate, this is good time to review a June 2010 post. 

That post HERE includes data derived from CBO data on effective tax rates and shows that for many, tax rates have been declining and NOT increasing.

Note that using income tax alone, the 2007 effective INCOME tax rate for middle income children with families was 2.7% and increased to 15.2% when payroll taxes were included.

Originally created and posted on the Oregon Housing Blog.

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