Taxes at Lowest Level Since 1950

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During the past two years, Congress  passed a total of $509 billion in tax cuts for American families and small businesses. The tax burden on Americans is now at its lowest level in 60 years, according to the Center on Budget and Policy Priorities. The most significant single change was a decrease in income taxes by up to $400 a year for individuals and $800 for married couples. Who knew? In a recent New York Times/CBS News Poll, fewer than one in 10 respondents knew that taxes were lowered for most Americans. A third even thought that their taxes had gone up. "We did a magnificent job of selling this tax break," Sanders deadpanned at an event last weekend in Hardwick, Vt., where he mentioned the poll.

Taxes at Lowest Level Since 1950
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