Tuesday, October 11, 2011

Percent of Tax Returns with Zero or Negative Tax Liability, 1950 to Present

Percent of Tax Returns with Zero or Negative Tax Liability, 1950 to Present





The number of tax returns with zero or negative tax liability has risen steadily over the past decade. However, it accelerated sharply between 2000 and 2004 due to the effects of tax changes during President Bush's first term of office.

We've had a more dramatic increase in citizens who pay no Federal Income Taxes due to direct tax policies  voted into law by a Republican congress with extension and addition to the George W. Bush tax cuts from 2005 to 2011. 

2005 - 32.58%
2006 - 33%
2007 - 37.9%
2008 - 47%
2009 - 51%
2010 - 45%
2011 - 49%


When you hear Republican operatives talk about tax code fairness, know that they are trying to stir up resentful emotions from the folks who pay Federal Income Taxes. Also remember those who pay no taxes have almost doubled due to the Republican Party's insistence on a failed trickle down economics Tax Cut Policy.

A tax policy that states cutting taxes increases revenue and increases job creators ability to hire more citizens. After 10 years of the Republican Party Economic Tax Governance Policy implementation we have lower government revenues, greater deficits and debt with an effective job creation rate of ZERO .

The very congress men/women who created millions of non income tax paying citizens while failing to generate sufficient revenue to pay to for our government operations, therefore adding to the deficit and increasing our national debt now want you to believe they have the proper governing policies to make everything right.

Republican Party Economic Tax Cut Governance Policy! Ironic?

AND THE COW JUMPED OVER THE MOON!


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Elections matter-openly cynical of government business as usual-Supreme Court Justices 5-4 open warfare on my Individual Liberty-Teach as Knowledge is Power!