I've been saying forevers and evers that it's time to raise taxes. An increase to the average tax rate of the last 50 years (properly progressive, mind) would go a long way towards righting our economic boat, especially as revenues are likely to bloom along with the recovering economy.
That's the main point of this post, but let me also register a personal peeve about these kinds of articles. Consider:
Individual tax rates vary widely based on how much a taxpayer earns, where the person lives and other factors. On average, though, the tax rate paid by all Americans — rich and poor, combined — has fallen 26% since the recession began in 2007. That means a $3,400 annual tax savings for a household paying the average national rate and earning the average national household income of $102,000. [Emphasis added.]Emphasis added. So, aside from my work friends (who are all captains of industry, etc., etc.) I know very few people who have a household income of over $100K. This is a case where "average" really, really, does not mean "typical."
My friends may all be artists, writers, teachers, and other societal misfits, but in terms of income, they are mostly doing better than the typical American family. The typical American family would be thrilled to have their household income skyrocket to $102,000.
(Of course, if it did, they would immediately start grumbling about taxes and voting Rebublican.)