Tumblr Icon RSS Icon

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

Posted on  

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

Share:

google plus icon

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”:

« »

By clicking and submitting a comment I acknowledge the ThinkProgress Privacy Policy and agree to the ThinkProgress Terms of Use. I understand that my comments are also being governed by Facebook, Yahoo, AOL, or Hotmail’s Terms of Use and Privacy Policies as applicable, which can be found here.