The following article
http://economix.blogs.nytimes.com/2011/06/28/who-doesnt-pay-federal-income-taxes-legally/
is from last summer but I thought it was very applicable to our current topic. The article essentially outlines who (among tax filers) pays federal income tax. In reference to 2011, the article reads, "According to new data from the Tax Policy Center, this year 46.4 percent of tax filers will have no federal income tax liability." While many people within this group are exempt from paying federal income tax because they have such low incomes, it's interesting to note how many people from the "middle 20%" and up do not pay federal income tax. If nothing else, at least check out the chart in the middle of the article.
Do you think that this many people should be exempt from paying federal income tax? Should those people in the bottom brackets have to pay federal income tax? Should corporate gains be regulated more in order to ensure that the top brackets pay more federal income tax?
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