Tax Foundation recently publised a report on "nonpayers" - people whose exemptions, deductions and credits wiped out any federal income tax due.
A record 51.6 million tax filers had no income tax liability in 2008 - or 36.3 percent of the 142 million tax returns filed.
I dunno. I just filed my taxes and wrote a big fat check to Uncle Sam.
Maybe I need a new tax guy.
You can read the entire report here.
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That is your wealth being spread around.
ReplyDeleteOh.
ReplyDeleteI always thought it was "the other people's money"...