Tuesday, June 28, 2011

78,000 tax filers with incomes of $211,000 to $533,000 who will pay no federal income taxes this year

http://economistsview.typepad.com/economistsview/2011/06/who-doesnt-pay-federal-income-taxes.html#comment-6a00d83451b33869e201538f820a80970b

Bruce Bartlett talks about who does and doesn't pay federal taxes, and notes that "the growth of the non-income-taxpaying population is largely a result of Republican tax policies."

He also notes that:

There are 78,000 tax filers with incomes of $211,000 to $533,000 who will pay no federal income taxes this year. Even more amazingly, there are 24,000 households with incomes of $533,000 to $2.2 million with zero income tax liability, and 3,000 tax filers with incomes above $2.2 million with the same federal income tax liability as most of those with incomes barely above the poverty level.

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