Taxonomics: Mo’ Money, No Taxes

CNN Money says: In 2009, six tax filers among the country’s 400 richest tax filers owed absolutely nothing in federal income taxes.

Not a penny.

This, despite the fact that those six filers belong to a group whose average adjusted gross income clocked in at $202.4 million, according to new IRS data.

Now, it’s not news that close to half of the more than 140 million U.S. tax filers end up with no federal income tax liability. Nor is it news that a sliver of those non-payers make seriously big bucks.

But it’s eye-opening when anyone among the 400 highest income tax filers is among them.

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