TaxProf Blog — 1/3 of Tax Returns Filed Pay Zero Tax (and 1/2 of Those Get “Refunds”)

The Tax Foundation reported yesterday that 46.6 million people who filed tax returns in 2007 had a zero or negative tax liability — 32.6% of the 143.0 million tax returns filed. In about half of these cases, substantial additional money was “refunded” to the tax filer. 15 million people do not earn enough to file a tax return, so 61.6 million people do not pay federal income taxes.

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