Tag Archive | "federal income tax"

Record number of tax filers paid no federal income taxes in 2008

Record number of tax filers paid no federal income taxes in 2008

MEDIA RELEASE A record number of the 142 million tax returns filed in 2008 resulted in no tax payment, according to a Tax Foundation analysis of IRS data. That means the tax filers got back every dollar that had been withheld from their paychecks, and often more. Roughly 51.6 million tax returns, or 36.3 percent, […]

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