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Why 35,000 high-income Americans pay no federal income taxes – Decoder (2:22)
It’s not only the ultra-wealthy who are able to avoid taxes. A recent IRS report indicated that more than 35,000 Americans making over $200 000 a year paid no federal income taxes in 2009. Reuters columnist David Cay Johnston explains how. (June 19, 2012)
Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests.
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