Who is Paying Taxes? [Infographic]

Recent news articles have brought to light the fact that almost 47% of households in the US currently have zero or negative federal tax liability. We take a closer look at this lack of liability across each income level, highlighting the percentage in each range that will not pay any taxes. Also shown is a full breakdown of who is paying the bulk of all taxes collected by the Federal Government each year.


Source : http://www.mint.com

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Updated: November 22, 2011 — 8:06 am