From the Bimbo cartoon “The Bum Bandit” (1931), Fleischer studio- not mickey mouse!

Effective U.S. Tax Rates Across Time

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Jim has run the numbers to show effective tax rates (including Social Security and Medicare taxes) over the past 60 years or so. It’s a fascinating look at how taxes have changed over time. Interesting to look at. It seems weird that the total effective tax rate on Jim’s median family was lowered during the Carter administration to only rise …