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Who is Paying Taxes? | MintLife Blog | Personal Finance News & Advice

Who is Paying Taxes? | MintLife Blog | Personal Finance News & Advice
Source: www.mint.com
Recent news articles have brought to light the fact that almost 47% of households in the US currently have zero or negative federal tax liability. We take a closer look at this lack of liability across each income level, highlighting the percentage in each range that will not pay any taxes. …
    For a moment, this really pissed me off. However, under the -assumption- that they include all Americans, including the unemployed, and in combination with http://www.cnn.com/video/data/2.0/video/politics/2009/10/02/shapiro.unemployment.bd.cnn.html it doesn’t bother me quite as badly. Percentage-wise, though, shouldn’t we be a little concerned and bothered that 5% of our fellow countrymen pay for over 60% of our government, infrastructure, and social programs?    
November 19, 2009 @ 7:00 am
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