Misconceptions and Realities About Who Pays Taxes
By Chuck Marr and Brian Highsmith
"A recent finding by Congress' Joint Committee on Taxation that 51 percent of households owed no federal income tax in 2009 is being used to advance the argument that low- and moderate-income families do not pay sufficient taxes. Apart from the fact that most of those who make this argument also call for maintaining or increasing all of the tax cuts of recent years for people at the top of the income scale, the 51 percent figure, its significance, and its policy implications are widely misunderstood."
View the full report:
http://www.cbpp.org/cms/index.cfm?fa=view&id=3505
http://www.cbpp.org/files/5-26-11tax.pdf 9pp.
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