Despite "tea party" tempest, taxes down, dropping

As thousands of anti-tax protesters rallied across the nation Wednesday and the president promised tax cuts for most, new data showed that the federal income-tax burden is hovering near its lowest level in three decades for all but the wealthiest Americans.

A majority of those surveyed by Gallup last week said the amount of federal income taxes they pay is either "too low" or "about right," compared with 46 percent who said their tax bills are "too high," one of the most positive assessments of the federal tax burden since Gallup began asking the question in 1956. Full Story »

Posted by Dwight Rousu

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