February 08, 2011


Taxes Lowest Since 1950

The AP notes that as a share of the nation's economy, federal taxation "will be the lowest since 1950, when the Korean War was just getting under way. And for the third straight year, American families and businesses will pay less in federal taxes than they did under former President George W. Bush, thanks to a weak economy and a growing number of tax breaks for the wealthy and poor alike."










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