Headline of the day........

"51% of Households Pay No Income Tax; Share of Taxes Paid by Rich Growing Faster Than Income"

As the tax base gets narrower and narrower, and relies on a smaller and smaller segment of society, the prosperity of these people will determine if the government will be able to gather adequate funds to continue its operations. Why more than 50% of Americans get out of paying for their own security, courts, legal system and a host of unnecessary expenditures completely escapes me. All Americans should be stakeholders and responsible for funding their own government.

TaxProf Blog: 51% of Households Pay No Income Tax; Share of Taxes Paid by Rich Growing Faster Than Income