Taxes lowest in 60 years-Teabaggers Sure To Be Thanking Dems & Obama!

On April 15, after laboring through their taxes, many Americans may be asking if the president meant what he said. More than three quarters of Americans, according to a CBS News/ New York Times poll released that same month, thought the Obama administration has either kept taxes the same for most Americans or increased them. The latest CBS News/ New York Times poll released yesterday shows that as many as 34 percent of Americans think Mr. Obama raised taxes.

Today, thousands of Tea Partiers will descend on Washington to declare they've been "Taxed Enough Already." Yesterday's poll found that 64 percent of Tea Party supporters think the administration has raised taxes -- a finding that might leave Democrats banging their heads against their desks.

"The American people need to be reminded that 98 percent of Americans got a tax cut last year," Senate Majority Leader Harry Reid said Wednesday.

Reid was referring to the impact of the American Recovery and Reinvestment Act, otherwise known as the stimulus -- essentially, the only Obama policy to really impact people's 2009 tax returns. In fact, tax refunds reached an all-time high this year in part because of the stimulus, the president said in his weekly address on Saturday. Meanwhile, taxes are at their lowest levels in 60 years, according to William Gale, co-director of the Tax Policy Center and director of the Retirement Security Project at the Brookings Institution.