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Willisms

« Trivia Tidbit of the Day: Part 771 -- Foreign Debt. | WILLisms.com | Trivia Tidbit of the Day: Part 774 -- New Taxes. »

Trivia Tidbit of the Day: Part 773 -- Non Tax Payers Growing.

Filers Not Paying Sharply Upward-

When nearly 50 million tax filers file with zero tax liability, we're risking turning America-- politically-- into the tax consumers versus the taxpayers:

notaxliabilityatall.gif
In 1962, the first year of the Index of Dependence on Government, the percentage of all taxpayers with zero tax liability stood at 20.1 percent. This number fell to 16 percent by 1969 before beginning a ragged but ultimately steady increase. By 2004, the percentage stood at 31.3 percent. It stood at an estimated 34 percent for 2008.

Taxes should be low and flat, rather than heavy and graduated and tilted toward only some successful people, while others only derive benefits.

-------------------------------------

Previous Trivia Tidbit: Foreign Debt.

Posted by Will Franklin · 6 April 2010 04:13 PM

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