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Here's Why Half Of Americans Don't Pay Income Tax

CNNMoney  |  By Posted: 04/26/2012 5:06 pm

Income Tax


NEW YORK (CNNMoney) -- It's a provocative fact about the tax code: Nearly half of U.S. households end up owing no federal income tax.

But it's not surprising given the addiction to tax breaks by both Democrats and Republicans, and the fact that the U.S. tax code is set up to be progressive.

Read the whole story at CNNMoney


Filed by Emily Cohn  |