View Single Post
Old 04-15-2010, 07:32 AM  
CarlosTheGaucho
Confirmed User
 
Industry Role:
Join Date: Oct 2005
Posts: 9,510
Here's an interesting article on the "47 pct."

That’s the portion of American households that owe no income tax for 2009. The number is up from 38 percent in 2007, and it has become a popular talking point on cable television and talk radio. With Tax Day coming on Thursday, 47 percent has become shorthand for the notion that the wealthy face a much higher tax burden than they once did while growing numbers of Americans are effectively on the dole.

Neither one of those ideas is true. They rely on a cleverly selective reading of the facts. So does the 47 percent number.


http://www.nytimes.com/2010/04/14/bu...e&ref=business
CarlosTheGaucho is offline   Share thread on Digg Share thread on Twitter Share thread on Reddit Share thread on Facebook Reply With Quote