The Urban Institute’s Tax Policy Center has a nice whiteboard video explaining who pays no federal income tax. The tone is liberal, but it is factually accurate. (I have not double-checked their facts, but it is consisent with my recollection of the facts.)
The video omits two important issues: one is the disincentive effects of our tax system, and the second is the ethical issue: should anyone be relieved of a responsibility to support the government?
Affiliation: Cascade Policy Institute
Dr. Bill Conerly is the consultant who connects the dots between the economy and business decisions. He holds a Ph.D. in economics from Duke University and was formerly Senior Vice President at First Interstate Bank.
Dr. Conerly is author of Businomics: From the Headlines to Your Bottomline—How to Profit in Any Economic Cycle (http://www.businomics.com), which provides business leaders with a framework for understanding current economic news. He is co-author of Thinking Economics, a multi-media high school economics curriculum used in 24 states.
Dr. Conerly has been interviewed on the News Hour with Jim Lehrer, CNN and local television and radio stations across the country. He has been quoted in ...More the Wall Street Journal, Fortune Magazine, and USA Today.
Dr. Conerly is chairman of the board of Cascade Policy Institute, a member of Oregon Governor Ted Kulongoski’s Council of Economic Advisors, and a Senior Fellow at the National Center for Policy Analysis.
Visit: Businomics
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