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November 2010 September 2010 August 2010 July 2010 June 2010 May 2010 April 2010 March 2010 February 2010 January 2010

Taxes at Lowest Level since the 1950s

Americans paid the lowest level of taxes since the 1950s this year.  According to the Bureau of Economic Analysis, state, local and federal taxes were 9.2% of personal income. The average rate over the last 50 years is 12%.