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A recent New York Times article by Bruce Bartlett, had been summarized in the July 15, 2011 publication of the Week magazine, lamented that some high earning Americans paid no Federal income taxes last year, «Millionaires who don’t pay taxes.» Determined by Mr. Bartlett, 78,000 Oughout.S. households with incomes between $211,000 and $533,000 paid no income taxes this past year, 24,000 tax filers with incomes from $533,000 to $2.2 million paid no Federal income taxes, and 3,000 tax filers with incomes over $2.2 million paid no Federal income taxes. He laments the incontrovertible fact the tax code has so many credits, tax breaks, and loopholes for the wealthy that some high earners can legally avoid without paying in Federal income taxes.
