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Author: TMFMurph Big gold star, 5000 posts Old School Fool Home Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 73070  
Subject: Re: Charley Reeses Last Column Date: 10/7/2012 11:21 AM
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Hi Dave!

Isn't it amazing that despite the top tax rates changing over time, the effective tax rate ( what people pay after all deductions, etc ) hasn't varied that much in the last 30+ years?

http://www.taxpolicycenter.org/taxfacts/displayafact.cfm?Doc...


For me at least, what this says is that what counts is NOT what the top rate is, but rather, how much of one's income is actually paid in taxes, after deductions, AMT, ad nauseum. ;-)

Cheers!
Murph
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