Thursday, March 11, 2010

TaxProf Blog: Tax Foundation: 52 Million (36%) of Tax Returns Pay Zero Income Tax

My feeling is that everyone should pay at least a nominal amount of taxes, and no one should pay to high a percentage of their income. I don't like the idea that politicians can "buy" votes of non-taxpayers by promising to soak the rich. As Margaret Thatcher said, "The problem with socialism is that eventually you run out of other people's money".

Posted via email from The Blue Pelican

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