Thread: 10 Tax facts the politicians will not tell you.
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Old 01-30-2008, 12:29 PM
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Some people, sure. But as the CBO link shows, the overall federal tax rate -- the effective rate counting all federal taxes -- was just 21.5% in 2001. Even the top 1% only paid a 33% rate as a group.
It can also be hard to tell because many taxes are hidden or not easy to break out per person. Income taxes and payroll taxes are easy to track, but others are harder.
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