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October 2, 2009 47% of Households Pay No Income Tax

The Tax Policy Center reports that 47% of American households pay no federal income tax. The original figure was 38% but it was bumped up thanks to the stimulus.

Actually, the number is a little misleading since it excludes payroll taxes. The Tax Policy Center says that once that's factored in, 24% of households are tax free.

Posted by edelfenbein at October 2, 2009 3:15 PM

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