Taxes in Context

By Matt Stiles | | Topics: Uncategorized

A cool new tool for analyzing federal income tax burdens over time from Remapping Debate:

… [U]sers will be able to make a host of observations. Two that we’ve noted: the halving of the tax burden from 1945 to 2011 for a married couple with taxable income (in 2010 dollars) of $1,000,000 saves that couple more than $340,000 over the tax bill that they would have had to pay back in 1945. A similar percentage reduction in tax burden for a married couple with taxable income (in 2010 dollars) of $30,000 saves that working class couple only about $3,350 over the 1945 bill.

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