Irs: 1,470 Millionaires Paid No Income Tax In '09

IRS: 1,470 millionaires paid no income tax in '09

The IRS says 1,470 millionaires paid no federal income taxes in 2009.

Sections:  news   u.s.   politics   
Topics:  income tax   irs   millionaire   tax cuts for the rich   taxes   the rich   
RELATED ARTICLES
  • Owner of Mystic Pizza pleads guilty to tax charges
    The owner of the Mystic Pizza restaurant made famous in a 1988 movie has pleaded guilty to federal tax charges. More
  • On Marijuana Tax, Colorado Asks: What’s Too High?
    If marijuana is legalized and properly regulated, its proponents have long said, it could generate millions of dollars in state tax revenue. But how the drug should be taxed has proved to be a thorny question. More
  • Senate planning vote on Internet sales tax bill
    The days of tax-free online shopping could finally be numbered. The Senate is planning to vote on a bill as soon as Monday that would give states the authority to collect sales taxes on all Internet purchases, handing local governments as much as $11 billion per year in added revenue that they are legally owed — but that hasn’t been paid to them for years. More
  • Where do more tax cheats live? South and West, IRS study shows
    Worried the Internal Revenue Service might target you for an audit? You probably should be if you own a small business in one of the wealthy suburbs of Los Angeles. You might also be wary if you're a small-business owner in one of dozens of communities near San Francisco, Houston, Atlanta or the District of Columbia. More
  • Obamas paid $112,000 in taxes in 2012
    President Obama and first lady Michelle Obama paid more than $112,000 in taxes in 2012, an effective federal income tax rate of more than 18% for 2012, according to the White House. The Obamas and Vice President Biden and his wife released their tax returns Friday, three days before the April 15 tax filing deadline. More
BING NEWS:
  • The 401(k) millionaires club keeps growing. We'll tell you how to join.
    In the spirit of inspiring future 401(k) millionaires, here are eight tips for achieving a seven-figure balance in your retirement account.
    12/12/2024 - 8:12 pm | View Link
  • 69% of Millionaires Never Earned A Six-Figure Salary – Here Are 2 Things They Do To Get Their First $1 Million, According To Dave Ramsey
    If you think you need a six-figure salary to become a millionaire, Dave Ramsey has some news. In an April 2023 Facebook post, he revealed, "69% of millionaires did not average $100,000 or more in ...
    12/9/2024 - 4:45 am | View Link
  • Wealthy Americans are still ducking the IRS crackdown on non-filers
    Tens of thousands of wealthy Americans are not complying with recently revamped IRS efforts to get them to file tax returns.
    12/5/2024 - 9:10 am | View Link
  • Tax evasion by millionaires and billionaires tops $150 billion a year, says IRS chief
    "When I look at what we call our tax gap, which is the amount of money owed versus what is paid for, millionaires and billionaires that either don't file or [are] underreporting their income ...
    02/22/2024 - 1:35 am | View Link
  • More

 

Comment On This Story

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News