Quote:
Originally Posted by SpaceisforAce
Record-low Taxes: In 2009, Americans paid lowest tax rates in 30 year.
The top 1% of earners saw a 36% drop while the four lowest income brackets lost 5%, in terms of percentage of wages lost. That hugely inflates the dollar value of household income decline.
Just trying to point out that claiming that taxes have been raised, or taxes are higher under Obama, is false.
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Good point. But also the figure is volatile -- having much to do with how the stock market moves in a particular year, as that's how much of the very wealthy earn their income.
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