On Tax Day, Some Alarming Tax Stats

Did you know…

  • The federal government collected less in taxes in 2010 than it has in over three generations, and tax rates are at historic lows
  • The Bush tax legacy means we currently tax wealth less than work: middle-income paychecks are taxed at 25% compared to stock dividends and capital gains for the wealthiest, which are taxed at a top rate of only 15%.

These statistics come from Demos’ Taxes Matter Top Ten Stats. During the week leading up to Tax Day, Demos, a public policy and advocacy organization, has been publishing articles and infographics on how we think about taxes. Read more at Our Fiscal Security.

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