Michael Kruse has a detailed post on the total effective tax rate (including income, payroll, and excise taxes) by household quintile, 1979-2005, based on CBO data. Here is one of many interesting charts:
(Hat Tip: Greg Mankiw and InstaPundit.)
Michael Kruse has a detailed post on the total effective tax rate (including income, payroll, and excise taxes) by household quintile, 1979-2005, based on CBO data. Here is one of many interesting charts:
(Hat Tip: Greg Mankiw and InstaPundit.)