Tomorrow at 10:00 AM, the full U.S. House Judiciary Committee will convene a panel to discuss solutions on the Internet sales tax issue. The growth of Internet commerce has collided with constitutional restriction...
- The Tax Policy Blog
- Debunking a Myth Before Further Propagation
Debunking a Myth Before Further Propagation
Does a large portion of America's rich get away from the IRS scot-free, escaping federal income taxes?
In fact, according to 2009 IRS data (table 1.1), only 0.3 percent of non-payers (tax filers who pay no federal income tax) earn more than $100,000/year.
The claim that droves of America's wealthy are getting away from the IRS is erroneous. It is yet another fallacy that could further erode the possibility of civil political discourse between parties and their constituents, which could result in a slower economic recovery.
Follow David Logan on Twitter @Loganomix
Buy this blogger a cup of coffee!
Join the Tax Foundation's fight for sound tax policy Go
About the Tax Policy Blog
The Tax Policy Blog is the official weblog of the Tax Foundation, a non-partisan, non-profit research organization that has monitored tax policy at the federal, state and local levels since 1937. Our economists welcome your feedback. If you would like to send an e-mail to the author of a blog post, please click on that person's name to locate his or her e-mail address or visit our staff page here.