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Tuesday, November 17, 2009

Many Taxpayers Owe “Stimulus” Money to IRS

“Some 15.4 million taxpayers could receive smaller refunds than they expected or owe taxes next year because they did not have enough money withheld from their paychecks as part of the Making Work Pay tax credit program, according to a report issued Monday.” (Washington Post, Tuesday)

Another little joke on the taxpayers.

FEE Timely Classic
“The Progressive Income Tax in U.S. History” by Burton W. Folsom Jr.

  • Sheldon Richman is the former editor of The Freeman and a contributor to The Concise Encyclopedia of Economics. He is the author of Separating School and State: How to Liberate America's Families and thousands of articles.