By: Mark Hyman
Our federal tax code is broken. Fifty-one percent of Americans don’t pay any federal income tax. I’ll repeat that. 51 out of every 100 Americans do not have any federal income tax liability. 49% pay all personal income taxes.
What’s worse is that with various income tax credits millions who pay nothing actually get money from the federal government. For them, April 15th isn’t tax day — it’s pay day.
And there’s more. According to IRS records, federal workers owe $3.4 billion in back taxes for the year 2010.
26,000 Postal Service employees owe $270 million. It’s $100 million for D-O-D military and civilians. Congressional employees owe $10 million. Workers in the Treasury Dept — home of the IRS — owe $9 million.
More than $800,000 is owed by people who work directly for the President.
Federal workers who don’t pay their taxes is as bad as cops who break the law, firemen who commit arson and doctors who violate the Hippocratic oath.
But I will say this in defense. Our tax code is too complicated. It’s about 70,000 pages long. And it costs billions in direct costs and lost productivity to figure out how much we owe.
Tax returns should be on a 3×5 card. Everyone should pay something.
And federal employees shouldn’t be tax deadbeats.02/16/12 Tax Deadbeats
Mark Hyman hosts "Behind the Headlines," a commentary program for Sinclair Broadcast Group.