Republicans Still lying about Obama’s job killing high taxes!!! 50 Year Low!!! They were never so wrong.

You can’t get make this stuff up folks…well, maybe you can if you’re a Republican. With taxes at its lowest point in 50 years, why is the public so angry? 

Capital Times: Taxes too high? Actually, as a share of the nation's economy, Uncle Sam's take this year will be the lowest since 1950 .... And for the third straight year, American families and businesses will pay less in federal taxes than they did under former President George W. Bush ... Income tax payments this year will be nearly 13 percent lower than they were in 2008, the last full year of the Bush presidency. Corporate taxes will be lower by a third, according to projections by the nonpartisan Congressional Budget Office. 

The result is that families making as much as $50,000 can avoid paying federal income taxes, if they have at least two dependent children. Low-income families can actually make a profit from the income tax, and the wealthy can significantly cut their payments. 

At the request of The Associated Press, The Tax Institute at H&R Block compared 2008 and 2010 tax bills for families at various income levels, showing how their taxes have changed since Obama took office. Income tax rates remain unchanged. But many taxpayers are seeing their bills drop under Obama because of more generous tax credits for college students, working families, homebuyers and the working poor. Many of the changes were enacted as part of the big economic stimulus package passed in 2009.

Remember the "failed" stimulus?