PAs for Health Freedom

Source: The Tax Foundation

See this site for a comparison of Obama and McCain tax platforms. I am amazed at how little people understand about taxes. Here are a few facts to help you discuss the issue with friends. More taxes will be needed for universal health care.

Average Total Tax Burden
1900 5.9%
1920 12.0%
1940 17.9%
1960 27.7%
1980 30.4%
2000 33.6%
2008 30.8%

Note, plotting increase in the Federal deficit with these numbers would clearly reveal how the US Govt, without change, is a company bound to failure.

But, for the median income household earning $43,389 a year, the total tax burden is 48.40% — nearly half. This family would pay at least $21,000 in taxes this year.

2007 Poll on Need for Taxes
41% Keep taxes and services where they are
32% Decrease and lower taxes
8% Increase services and raise taxes
20% Not sure
Note, this was an on-line survey — I wager that of the 1/3 of Americans who do not pay taxes, most do not go on-line. Thus, those who want takes increased (those who want your money) is probably higher.

Finally, American’s spend 6.6 billion hours per year filling out tax forms. Economists call this “tax compliance” and it comes to 20 cents per dollar collected by the tax system.