CBO: Under Obama Americans Have Paid Lowest Taxes in 30 Years

Daily Kos by Dartagnan | Jul. 10, 2012 (Opinion)

Americans paid the lowest tax rates in 30 years to the federal government in 2009, due in part to tax cuts sought by President Obama to combat the Great Recession, congressional budget analysts said Tuesday.

The article notes that while part of the drop in tax rates was due to decreased income for some (and even the most rabid Tea Partiers would have to do backwards somersaults to attribute this to Obama as of 2009), the predominant reasons for ... Full Story »

Posted by Dwight Rousu

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Randy Morrow
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 by Randy Morrow - Jul. 13, 2012

Not that it would make any difference to fact-averse Republicans, but the Congressional Budget Office (yes, that is really a non-partisan organization, even though the news it reports for some reason often seems to vindicate the Democratic Party) just drove a stake through the heart of the Tea Party, —- In light of such data, one might well wonder if some motivation other than taxes was driving the Tea Party in their zeal. Because if there was no other motivation, the only possible conclusion would be that the Tea Party was comprised largely of illiterate fools. —- In sum, the data thus far show that taxes have been lower under Obama than under Bush, Clinton, Bush I and Reagan.

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