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Danville Register in Danville, Virginia

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Newspaper

Danville Register

Location

Danville, Virginia, United States of America

Date

Apr 11, 1976

Page

3

Plight Of Middle Class In Tax Burden And Inflation

The American middle class, about 42 percent of taxpayers, pays 54 percent of taxes as inflation and recession erode lifestyles. Rising prices, higher taxes, and costly homes strain budgets, while pay hikes lag behind living costs. Education, cars, housing, and government regulation shape a growing sense of being unfairly treated and dependent on a system that rewards others.

John Barbour Burron Internal Revenue Service Midis Tax Foundation Louis Masotti Northwestern University Masotti Washington Fairfax County Associated Press University of Michigan Survey Research Center SRC Jay Schmiedeskamp Los Angeles Snake Navel Wye New Jersey

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