Actually, they’re not. The Congressional Budget Office recently released a report showing the distribution of income in 2010. It takes a couple of years to compile all the data so more recent tax years are not yet available. The overall trend of tax rates is downward, contrary to what you might be hearing elsewhere. The… Continue reading
Posts Tagged → Congressional Budget Office
716
“Under the President’s plan, he cuts Medicare by $716 billion, takes that money out of the Medicare trust fund and uses it to pay for Obamacare.” Governor Romney continues the attacks on Medicare, attempting to scare the seniors, especially those in Florida, to vote for him because the President is going to take away their… Continue reading