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Tuesday, August 02, 2011

A Taxing Situation

Things have been quite confusing for ordinary citizens trying to follow the budget mess in Washington. Charts and information, such as "Fiscal FactCheck: Does Washington Have a Spending Problem or an Income Problem?", are available at FactCheck.org: A Project of the Annenberg Public Policy Center. The mission of FactCheck.org is stated on their website:
We are a nonpartisan, nonprofit "consumer advocate" for voters that aims to reduce the level of deception and confusion in U.S. politics. We monitor the factual accuracy of what is said by major U.S. political players in the form of TV ads, debates, speeches, interviews and news releases. Our goal is to apply the best practices of both journalism and scholarship, and to increase public knowledge and understanding.

Part of this weekend's deal was no additional revenue, in other words, no new taxes. I've found some charts from the Center on Budget and Policy Priorities related to taxes. The following is from the Center's website:
The Center on Budget and Policy Priorities is a nonprofit, nonpartisan policy organization working at the federal and state levels on fiscal policy and public programs that affect low- and moderate-income families and individuals.
For their Top Ten Tax Charts, click here.

Graphic courtesy Open Clip Art Library.

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