Monday, April 18, 2011

45% of Households Pay No Federal Income Tax

There are so many breaks that 45 percent of U.S. households will pay no federal income tax for 2010, according to estimates by the Tax Policy Center, a Washington think tank. "It's the fact that we are using the tax code both to collect revenue, which is its primary purpose, and to deliver these spending benefits that we run into the situation where so many people are paying no taxes," said Roberton Williams, a senior fellow at the center, which generated the estimate of people who pay no income taxes. http://news.yahoo.com/s/ap/20110417/ap_on_re_us/us_no_taxes Just a thought here but if you have no player in the game do you care what the outcome is? Would you want to "fix" our country and its problems if you didn't pay income tax or actually got more money back than you put into the system?

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