[momincombatboots]

Let’s see those numbers again after adjusting for all of the Federal aid those bottom 20 percent take. Just measuring a person’s income vs taxes is an inaccurate picture of the truth.. or just an out and out lie. When you factor in the 34,000 or so dollars a year in Federal, state, local funds and benefits, let’s look again. I am waiting, just not holding my breath.

[justlurking]

Let’s see those numbers again after adjusting for all of the Federal aid those bottom 20 percent take. Just measuring a person’s income vs taxes is an inaccurate picture of the truth.. or just an out and out lie. When you factor in the 34,000 or so dollars a year in Federal, state, local funds and benefits, let’s look again. I am waiting, just not holding my breath.

The CBO accounts for those transfer payments in their analysis. As a result, the average federal individual income tax rates for the bottom 40% are actually negative.

Here's the original data, in an Excel workbook:

http://cbo.gov/sites/default/files/cbofiles/attachments/43373-Supplemental_Tables_Final.xls