kackley.net

us vs. them

The first surprise for most people is the large proportion of Americans who don’t pay any income tax at all. The number of people who actually get money back – not a refund, but a net payment – through the income tax system, is huge. In 2005 (the most recent year for which data is available), the bottom 40% of Americans by income had, in the aggregate, an effective tax rate that’s negative: their households received more money through the income tax system, largely from the earned income tax credit, than they paid.

How do you like them apples?  Take a look at the rest of the article…  so when will we have a fair tax system?