Tax burden for typical families is the lowest since the 1970s. At the same time, according to the Department of the Treasury, the typical American family of four have the lowest Federal income tax burden since 1965 and the lowest combined Federal income and payroll tax burden since 1978. Investment has boomed. The benefits of fiscal discipline for our economy have been enormous. Interest rates are lower than they would have been otherwise, helping to fuel seven consecutive years of double-digit investment growth for the first time on record.
Unemployment is the lowest in a generation.
The longest economic expansion in history.