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CSI Blogs

Tags >> tax

The rise of Moocher Nation

Posted by: Editorial Post in The Way We See It

Tagged in: tax , Moocher Nation

Editorial Post

From the April 18, 2010 CSI Walworth County Sunday "The Way we see it" column:

For almost a century since the federal income tax was created, most Americans could unite in lamenting the blackest day on the calendar: April 15 — tax day — the traditional deadline for ponying up to the federal leviathan.

For an increasing — and alarming — number of Americans, however, April 15 might as well be a national holiday. According to the left-leaning Tax Policy Center, a record 47 percent of households will pay no federal income tax for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability.