◼ In contrast, Americans making less than $50,000 had an effective tax rate of 3.5 percent and their total share of the tax burden was just 6.7 percent. - CNS News
Americans making more than $250,000 had an effective tax rate of 23.4 percent and their total share of the tax burden was 45.7 percent.
Out of the 143 million tax returns that were filed with the IRS in 2010, 58 million – or 41 percent – of those filers were non-payers.
In other words, only 85 million actually paid taxes.
But Tax Foundation data also shows that people who didn’t pay any income tax received $105 billion in refundable tax credits from the IRS.
◼ What I most admire about James O’Keefe… - Michelle Malkin As you all know, several newspapers over the years have endangered law-abidin...
◼ How the country can change in just four years! - The Blaze
GOP Weekly Address: Obama Has Added $6 Trillion in Debt in One Term …(That’s 1/3 of Total US Debt Folks)Republicans must inform the public on Obama’s very destructive economic record. If they won’t do it, it won’t get done. The liberal media ...
Whaddayaknow? Rutherford B. Hayes, the TV flash in the pan, the horse is here to stay — they’re all at the Wikiquote page on “Incorrect Predictions.” Fancy that! You can also find his selected examples at the web page “Some Really Really Bad Predictions About the Future” and a bazillion others.◼ Obama’s History Lesson - Mark Steyn/National Review Online A great nation needs successful self-made businessmen like George Peck, and ...
◼ Twinkies Maker Hostess Going Out of Business - nbcdfw.com “We deeply regret the necessity of today’s decision, but we do not have the ...
◼ The call by progressives to end 401K plans is growing. Now they’re trying a different tack – these plans that workers contribute to out of...