The Tax Policy Center has released new estimates projecting that the share of Americans paying no federal income tax will drop from fully half in 2008 and 2009 to just 43 percent this year and will continue to fall to just a third in 2024.
To help explain why the number of people paying no federal income tax is falling, the tax research group, which is a joint effort of the think tanks the Urban Institute and the Brookings Institution, has also developed a video and blog post.
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