In 2009, 238,000 households filed returns with adjusted gross incomes of at least $1 million. One-quarter of them paid an effective federal income tax rate of less than 15 percent, the data shows, and 1,470 paid no federal income tax at all.
And no - Boehner, Cantor, McConnell, and Tealiban jihadists - cutting taxes did not result in job growth. |