In 2010, the federal government collected $2.15 trillion in tax revenue. More than 80% came from individual and payroll taxes.
INDIVIDUAL TAXES = $898.5 bill. 41.6%
PAYROLL TAXES = $864.8 bill. 40.0%
Most Americans understand how George W. Bush's tax policies contribute greatly to the budget deficit, and caused an imbalance in the tax burden. A tax policy that benefit the wealthy.
But, is it fair to blame only the wealthy?
According to many conservatives, the tax policies are unfair because of the number of people that don't pay taxes.
They claim, close to 50% of households do not pay federal taxes.
Lets do some homework our our own. Is this statement fact or fiction?
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