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Legal Commentary

: Res ipsa loquitur

Report: Fifty Percent of Households Pay No Federal Income Taxes

By jonathanturley

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A recent report shows that 47 percent of U.S. households pay no federal income taxes. The Tax Policy Center found that the percent of non-paying households had risen from 38 percent in 2007 to 47 percent this year. Another interesting factoid is that households making more than $366,400 paid about 73 percent of the income [...]

Full post as published by Res ipsa loquitur on April 08, 2010 (boomark / email).

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