The portion of Americans who don’t have to pay federal income tax dropped to 43% this year, a new analysis shows.
That is down from the notorious 47% figure from 2010, which was made famous by Mitt Romney during last year’s presidential election, says Roberton Williams, an economist for the nonpartisan Tax Policy Center, which released the estimates Thursday. “More Americans are paying taxes,” he says.
The ratio of Americans expected to pay no federal income tax dropped—and should continue to fall— because more Americans are working and making more money, pushing them out of the group of workers who don’t make enough money to be required to file a tax return,
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http://blogs.marketwatch.com/taxwatch/2013/08/30/43-of-americans-pay-zero-federal-income-tax/
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