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I.R.S – 1400 Millionaires Paid Zero Taxes in 2009

If the family struggling to put food on the table, or keep a roof over their heads make a mistake on their tax returns and is audited, the taxman will bring out the army to make sure that family pays all the taxes they owe. But if you’re a millionaire, you could get away with paying nothing, while your income reflects six or more digits.

A new report issued by the IRS shows that over 1400 people who earned more than 1 million dollars in 2009,  paid zero in taxes. Credit this effort to keep the rich happy to two things;

  1. The raping of the tax system through tax loopholes set up to primarily pacify the greedy;
  2. A lobbying group voted into Congress by the American people. This group of lobbyists is called the Republican Party.

But let’s not forget the Republican’s claim, that providing the rich with more tax cuts in the form of Corporate loopholes and welfare, is the only way to create jobs. With this ideology, no one would have expected the unemployment rate to balloon to 10.2% in 2009 and now stands at 9.2%

It is time that Americans and Republicans face the truth – extra tax cuts and tax loopholes that benefits the rich does nothing for everyday middle-class America, and the Bush Administration supports this conclusion when massive trillion-dollar tax cuts were given to the wealthiest people in America, resulting in 700,000 people a month losing their jobs at the end of his term.

At a time when middle class America is being asked to give up the shirts off their backs to keep the economy from falling into total destruction, the millionaires and billionaires in this country should at least be asked to pay something back. Maybe not 90% like they paid in the 1950’s, or the 50% they paid under the Reagan administration. But having millionaires pay zero in taxes should be unheard of, especially in this economic crisis.

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By Ezra Grant

I'm just tired of the lies and nonsense coming from the GOP, so this is my little contribution to combat the nonsense!

2 replies on “I.R.S – 1400 Millionaires Paid Zero Taxes in 2009”

And this TEA party led GOP continues to stall any help for our economy. They have already proven they will stop at nothing to keep president Obama from winning a second term. Do not under estimate this fringe faction of the Republican party, they can and will be very aware of the prospects of any of their candidates winning the presidency. The American economy was and should still be the main focus of this election. We all must remember "Compassio­­nate Conservati­­sm" never was and "Trickle down Economics" never trickled and the "Moral majority" wasn't and isn't on both sides of the aisle! And we have Congressman Flemming(R, La), everyone in America should make sacrifices and your no better than any other Congress person. "Man Up" and do the right thing to help our great country stay a "Great country"!

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