Schools play a key role in democracies, but that does not justify the current arrangement in which tax dollars are allocated exclusively to public...
Record Number of Tax Filers Paid No Federal Income Taxes in 2008
A record number of the 142 million tax returns filed in 2008 resulted in no tax payment, according to a Tax Foundation analysis of IRS data. That means the tax filers got back every dollar that had been withheld from their paychecks, and often more. Roughly 51.6 million tax returns, or 36.3 percent, were filed by such "nonpayers," people whose exemptions, deductions and credits wiped out any federal income tax due.
A family of four earning more than $50,000 can have no income tax liability after taking the standard deduction and the child tax credit.
The number of nonpayers has increased by 59 percent in less than a decade, growing from 32.6 million in 2000 to 51.6 million in 2008. In the same time period, the total number of tax filers grew by only 10 percent.
