Picture Worth A Thousand Words. Tax Burden

A year old study from the Tax Foundation looking at the narrowing of the tax burden. When Reagan was President only 18% of tax returns carried no tax liability. That is only 18% paid no taxes. This study looked at both Obama and McCain's tax proposals. Under either a President Obama or a President McCain the tax burden continues to narrow. Under Obama the income tax burden will be born by 56% of the population. This does not include state or local tax analysis so that number is probably a lot higher.