30 September 2009
The good news: nearly 50% of American households (47%, to be precise) won’t pay any federal income tax in 2009.
The bad news: the remaining 50% (or so) will have to foot the bill for everyone.
You can thank (or blame) the new economic recovery package for bumping the percentage of taxpayers who won’t be [...]
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27 April 2007
The Government Accountability Office (GAO) has released a study concluding that many companies that contract with the federal government have been avoiding paying taxes.
The GAO told a House subcommittee on April 19 that more than 50,000 federal contractors were delinquent with respect to their taxes, including 27,000 Department of Defense contractors, 33,000 civilian agency contractors [...]
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