Tuesday, February 24, 2009

Paying No Income Tax

This is interesting...

From Acerbic Politics

This graph leaves more questions than the ones it answers. Is this trend due to an increase in the number of poor families? Is it because of Bush's tax cuts? Is it because of huge loopholes for the wealthy (we've all heard about the corporations and millionaires who pay no taxes.)

The one thing that it does prove is that it shows us another of the reasons the government is running a deficit. If we want to balance the budget, folks have to pay taxes.

No comments: