Thursday, May 3, 2012

The Unabridged And Illustrated Federal Budget For Dummies - Part 2: Revenues

In this second part of the four-part series describing the state of the Federal Budget, we present 10 charts courtesy of The Heritage Foundation on Federal Revenues. America’s growing tax burden is a drag on the economy and will reach record levels without policy changes.
Taxes per Household Have Risen Dramatically
Though the economic downturn has temporarily lowered overall tax revenues, the tax burden on Americans is still high.


Top 10 Percent of Earners Paid 71 Percent of Federal

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