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A Nickel for Uncle Sam

April 15, 2010

Most Americans say their income taxes are fair, a new New York Times/CBS News poll finds. No wonder — for the most part, we’re paying a much smaller chunk of our income in taxes than we did a few decades ago.

This year, a family of four in the middle of the income spectrum will pay less than a nickel out of every dollar it earns in federal income taxes. (It will pay more than this in federal payroll taxes.)

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