Wednesday, April 21, 2010

The American Spectator : Plucking the Fortunate Chickens

The American Spectator : Plucking the Fortunate Chickens:

Here's the news from the New York Times on the day before tax day: 'Forty-seven percent. That's the portion of American households that owe no income tax for 2009. The number is up from 38 percent in 2007.'

Given that nine point jump in no-pays in just two years, it looks like it won't be long before a solid majority of American households are taking out more than they're putting in when it comes to federal income tax monies."

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