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« Update on First Day of the Month | Main | "California is on the verge of becoming the first failed state in America." » October 2, 2009 47% of Households Pay No Income TaxThe 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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