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47% of Americans pay no taxes

The number of Americans that pay no income taxes keeps increasing and this year fully 47% of Americans will pay no taxes what so ever.  What is not stated in the article is the percentage of Americans that will actually receive money through EIC in one of the largest wealth transference mechanisms this country has.  While tax time is a somber time for many, for others its a joyous occasion as its a time when mana falls from heaven.  For millions of Americans tax time is when they get tax refunds but for millions of others it’s a time when they actually receive money from the government through the Earned Income Credit.

More and more of the tax burden is being shifted to fewer and fewer people and the really insidious side to our form of governance is it’s the most votes win.  Really not that hard to see where the cards fall here, now is it?

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