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CHART: Number Of Wealthy Households Paying No Income Tax Spiked After 2004

By Pat Garofalo  

"CHART: Number Of Wealthy Households Paying No Income Tax Spiked After 2004"

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According to data from the Internal Revenue Service, one in 189 high income Americans paid no federal income taxes in 2009. This included households making more than $200 million. As this chart by Noni Mausa at Angry Bear shows, the number of wealthy taxpayers managing to avoid the income tax spiked after 2004, while the percentage increased “eightfold”:

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