Sunday, April 18, 2010

Danny Westneat | Parsing the tea-party logic | Seattle Times Newspaper

Danny Westneat | Parsing the tea-party logic | Seattle Times Newspaper: "Did you know that total federal tax receipts, as a percentage of the size of the economy (gross domestic product), are now the lowest in 60 years?


You have to travel back to 1950 for a time when the feds sucked so little of the economy up in taxes. We now pay only 6.4 percent of GDP in individual income taxes, more than a third lower than 10 years ago. Corporate income taxes are the lowest since 1936."

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