Another Tax Day, another check to Uncle Sam. Right?
more, though, that isn't the case. Indeed, a growing number of
taxpayers pay no income tax whatsoever. And because of increasing
pressure to expand government even faster than the unsustainable path
it's already on, the United States is on a glide path toward an
economic meltdown. According to the Tax Foundation, the number of
taxpayers that had no federal income tax liability increased 45 percent
between 2001 and 2008.
Last year, millions of Americans received unemployment checks. Which makes for millions of people with some tax-free income. Congress made the first $2,400 of unemployment benefits exempt from federal income tax for last year.