18 April 2010

Tax Day Stats

I know this is late but these numbers were just too good not to post.

This tax day the number of pages in the federal tax rules are: 71,684. Up from 66,498 in 2006.

The tax cuts for the rich continue as the top 1% of earners now pay 40.1% of all federal income taxes. The top 50% pay 97.1% while the bottom 50% pay 2.9%. That number is down from 3.2% earlier this decade.

Federal spending now consumes 25% of our GDP, and the number of subsidy programs has reached 2,001 up from 1,645 five years ago.

Happy Tax Day! Isn't it great! I hope you all had a wonderful Tax Day, i know i sure did!

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