If you've wondered why roughly half of all Americans pay no federal income taxes, Ezra Klein asks the same question and comes to this conclusion:
"But the basic story here is that once you've added together the standard features of the tax code and the tax expenditures for the elderly, poor and young, you've explained almost everyone who doesn't pay taxes."
Read the whole post and the Tax Policy Center report that it links to. You'll be glad you did.
No comments:
Post a Comment