Titus Helps Cut Taxes to Lowest Level Since 1950

Congresswoman Dina Titus of Nevada's Third District highlighted her efforts to cut taxes for Nevadans, pointing to an analysis by USA Today that shows Americans paid the lowest level of taxes last year since 1950.

"Since coming to Congress, I have worked to cut taxes for Nevada families and small businesses in order to foster an economic environment that will lead to growth and job creation," Congresswoman Titus said. "By supporting the Recovery Act, which included the largest package of tax cuts in history, I provided a tax cut to 98 percent of Nevadans during this tough economic time when every dollar we put back in the pockets of middle-class Americans is so important. And through tax incentives to spur investments and create jobs, we will once again make small businesses the engines of growth that power our economy."

The USA Today analysis found that federal, state, and local taxes consumed 9.2 percent of all personal income in 2009, the lowest rate since 1950, and well below the historical average of 12 percent for the last half-century. The tax rate paid by all Americans has fallen 26 percent since 2007 when the recession began. To read the full article, click here.

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