Tax bills in 2009 at lowest level since 1950 - USATODAY.com
That damned Democratic Confiscatory Tax Scheme! Rising slightly above the lowest levels in 50 years...Federal, state and local taxes — including income, property, sales and other taxes — consumed 9.2% of all personal income in 2009, the lowest rate since 1950, the Bureau of Economic Analysis reports. That rate is far below the historic average of 12% for the last half-century. The overall tax burden hit bottom in December at 8.8.% of income before rising slightly in the first three months of 2010.