Graph of the Day for June 20, 2010

"[R]ich families were the undisputed winners from President Bush's tax cuts."  The New York Times, January 2007.

Source:  CBO.

Hoven's Index for June 20, 2011

Average tax rate (all federal taxes: income, SS, corporate, excise) in 2007:

Lowest quintile:  4.0%

Second quintile:  10.6%

Middle quintile:  14.3%

Fourth quintile:  17.4%

Highest quintile:  25.1%

Source:  CBO.

Graph of the Day Archive.

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