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.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access