{"id":3989,"date":"2011-03-28T13:23:28","date_gmt":"2011-03-28T17:23:28","guid":{"rendered":"http:\/\/blogs.northcountrypublicradio.org\/inbox\/?p=3989"},"modified":"2011-03-29T12:37:40","modified_gmt":"2011-03-29T16:37:40","slug":"whos-bearing-the-tax-burden","status":"publish","type":"post","link":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/2011\/03\/28\/whos-bearing-the-tax-burden\/","title":{"rendered":"Who&#8217;s bearing the tax burden?"},"content":{"rendered":"<p><a rel=\"attachment wp-att-3990\" href=\"https:\/\/blogs.northcountrypublicradio.org\/inbox\/2011\/03\/28\/whos-bearing-the-tax-burden\/tax_burden\/\"><img loading=\"lazy\" class=\"aligncenter size-medium wp-image-3990\" title=\"tax_burden\" src=\"https:\/\/blogs.northcountrypublicradio.org\/inbox\/files\/2011\/03\/tax_burden-264x300.jpg\" alt=\"\" width=\"264\" height=\"300\" srcset=\"https:\/\/blogs.northcountrypublicradio.org\/inbox\/files\/2011\/03\/tax_burden-264x300.jpg 264w, https:\/\/blogs.northcountrypublicradio.org\/inbox\/files\/2011\/03\/tax_burden-132x150.jpg 132w, https:\/\/blogs.northcountrypublicradio.org\/inbox\/files\/2011\/03\/tax_burden-396x450.jpg 396w, https:\/\/blogs.northcountrypublicradio.org\/inbox\/files\/2011\/03\/tax_burden.jpg 644w\" sizes=\"(max-width: 264px) 100vw, 264px\" \/><\/a>One of the main underlying themes in today&#8217;s political calculus is that Americans are overtaxed.\u00a0 This meme persists despite <a href=\"http:\/\/www.usatoday.com\/money\/perfi\/taxes\/2010-05-10-taxes_N.htm\">plenty<\/a> of <a href=\"http:\/\/moneywatch.bnet.com\/investing\/blog\/make-money\/your-federal-income-taxes-are-lower-than-you-think\/109\/\">reports<\/a> to the contrary, at least on the federal level.<\/p>\n<p>We&#8217;re actually paying less in federal taxes as a percentage of income than we have in some time.<\/p>\n<p>Still, most American say they&#8217;re paying too much taxes.\u00a0<a href=\"http:\/\/www.datapointed.net\/2011\/03\/relative-us-income-taxes-1913-2011\/\"> This very nifty graph (H\/T @fivethirtyeight) may explain why. <\/a><\/p>\n<p>The Reagan era lowered the tax burden of wealthy Americans tremendously.\u00a0 The G.W. Bush era dropped most everyone else at least down to historic averages.<\/p>\n<p>Two things stick out to me.\u00a0 1)\u00a0 Almost no one is dramatically overburdened in paying federal taxes, according to these figures.\u00a0 2) If anyone, it&#8217;s the middle class that&#8217;s being leaned on.\u00a0 That&#8217;s the conclusion the graph&#8217;s author comes to:<\/p>\n<blockquote><p>The people at our economy\u2019s core \u2013 the full-time workers earning between  $20,000 and $150,000 a year \u2013 still pay at up to double the rate of the  ultra-wealthy, relative to what history suggests they should.<\/p><\/blockquote>\n<p>As tax time approaches, how are you feeling?\u00a0 Do you buy the argument this guy makes?<\/p>\n","protected":false},"excerpt":{"rendered":"<p>One of the main underlying themes in today&#8217;s political calculus is that Americans are overtaxed.\u00a0 [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[10,4835],"_links":{"self":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/3989"}],"collection":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/comments?post=3989"}],"version-history":[{"count":1,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/3989\/revisions"}],"predecessor-version":[{"id":3991,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/posts\/3989\/revisions\/3991"}],"wp:attachment":[{"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/media?parent=3989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/categories?post=3989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blogs.northcountrypublicradio.org\/inbox\/wp-json\/wp\/v2\/tags?post=3989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}