Friday, March 2, 2012

NEARLY 1/2 OF ALL AMERICANS DON’T PAY INCOME TAXES


Last week I blogged that per the Heritage Foundation 23.1% of Americans are subsidized by the government.  This week I report again from the Heritage Foundation that 49.5% of Americans pay no income tax.

That means 151.7 million Americans paid nothing in 2009. By comparison, 34.8 million tax filers paid no taxes in 1984.

The rapid growth of Americans who don’t pay income taxes is particularly alarming for the fate of the American form of government, Beach and Tyrrell of Heritage warned. Coupled with higher spending on government programs, it is already proving to be a major fiscal challenge.