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5% Of U.S. Taxpayers Account For 60.6% Of All Tax Revenue, 47% Will Pay No Federal Tax In 2009

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Tyler Durden
Zero Hedge
Wednesday, Nov 18th, 2009

An interest observation courtesy of Mint: of the 307,868,280 Americans out there, which compose 151,485,000 tax units, 46.9% will have zero federal income tax liability in 2009. Brilliant plan to keep the country happy: the poor pay no taxes, the rich get a massive stock market bubble to sell into, and the disappearing middle class…well, they can pay $20 for a hotdog and beer combo in Prague on that once-every-five-years vacation.

This article was posted: Wednesday, November 18, 2009 at 5:21 am





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