Now it's only 43% not paying federal income taxes.

PLC1

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Now it's the 43 percent: Fewer paying no income tax

The share of households who aren't paying any federal income tax has fallen, and a new analysis from the Tax Policy Center predicts that it will continue to shrink in years to come.

That's partly because a slew of temporary tax cuts enacted during the Great Recession have started to expire. And it's partly because an improving economy means people's incomes should slowly start to increase, adding to their income tax bill.

another sign that the economy is slowly starting to improve.
 
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or it could be that those tax cuts for the wealthy of Bush's on the lowest bracket went away putting those folks back of the tax paying side. you know, despite bo saying no new taxes if you made less than 200k. has nothi g to do with any improvement in the economy.
 
Isn't that like the unemployment number dropping?

The more people that drop out of the work force, the fewer jobs and taxpayers there are.
 
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or it could be that those tax cuts for the wealthy of Bush's on the lowest bracket went away putting those folks back of the tax paying side. you know, despite bo saying no new taxes if you made less than 200k. has nothi g to do with any improvement in the economy.

Partly, yes.

That's partly because a slew of temporary tax cuts enacted during the Great Recession have started to expire. And it's partly because an improving economy means people's incomes should slowly start to increase, adding to their income tax bill.
 
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