“…the CBO data shows that since 1979, not only have the income tax shares of the lower four quintiles continued to drop, but the lowest quintile has been in the negative since 1987, and the second lowest has been negative since 2002. This means that the lowest 40% have not been paying any federal income tax but have, instead, been getting subsidized by the government through such incentives as refundable tax credits.”
From Dr. Martin Regalia: Econ 101, Tax Facts: Where the $ Comes From in Free Enterprise, April 2010

