Wednesday, April 7, 2010

YAHOO NEWS : NEARLY HALF OF ALL AMERICANS DO NOT OWE TAXES FOR 2009

"About 47 percent will pay no federal income taxes at all for 2009. Either their incomes were too low, or they qualified for enough credits, deductions and exemptions to eliminate their liability. That's according to projections by the Tax Policy Center, a Washington research organization."

STEPHEN OHLEMACHER, Associated Press Writer

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