Indeed. And you'll notice that we've lowered the top tax bracket from 70% under JFK down to almost half that today.
Thanks to the 3 federal income tax cuts under President Bush so far, a family of four earning $40,000 per year only pays fourty-eight Dollars ($48) in annual federal income taxes now (a Tax Freedom Day of January 1).
The estate tax is now dead, again thanks to President Bush. No longer do families have to sell their father's farm simply to pay their estate tax bill.
The double-tax on dividends is almost completely gone now, too.
Thus, we are moving in the correct direction on the tax issue, just as we are gaining back our gun rights, gold rights, voting rights, Internet rights, etc.
But governments still collect about as much as they always did. Inflation continually drives us into upper brackets. Tax codes are so complex that it is meaningless to cite one statistic in marginal income tax rates.
The best way to gauge how much they tax us is to look at how much they spend.