Charting Views On The ‘Fiscal Cliff’

By Matt Stiles | | Topics: Policy & Politics

The Washington Post charts the results of its new poll:

In addressing the fiscal cliff, the public supports increasing taxes on the wealthy but have mixed views of changing federal income tax deductions and are opposed to changing Medicare.

The Washington Post

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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