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To: Sub-Driver
On average, though, the tax rate paid by all Americans — rich and poor, combined — has fallen 26% since the recession began in 2007. That means a $3,400 annual tax savings for a household paying the average national rate and earning the average national household income of $102,000.
This includes all those refundable tax credits that are allowed for people who don't even owe income taxes, meaning they actually have negative taxes. So these negative numbers are averaged in to get to the bogus number.
58 posted on 05/11/2010 2:42:54 PM PDT by VRWCmember
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To: VRWCmember

And WHY has it fallen so much since the recession began in 2007? Because there is less income to be taxed.


59 posted on 05/11/2010 2:43:33 PM PDT by VRWCmember
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