Friday, July 08, 2005

More Wealthy Folks Pay No Taxes Under Bush

Well that's a huge surprise, huh?

The IRS recently released figures to Congress that show the number of wealthy people who pay absolutely no taxes has grown significantly since George W. Bush seized the White House.

The portion of the study that showed full income (from all sources) shows that 5,650 rich individuals and couples paid no federal income tax in 2002.The number of wealthy people living the tax-free life was 4,910 in 2001 and 2,766 in 2000.

Pop quiz: Do you think it will continue to go up every year a Republican holds the White House?