This month the IRS released more detailed tax data for 2009, and the nearby table records the decline of the taxpaying rich.Going Galt?
In 2007, 390,000 tax filers reported adjusted gross income of $1 million or more and paid $309 billion in taxes. In 2009, there were only 237,000 such filers, a decline of 39%. Almost four of 10 millionaires vanished in two years
Wednesday, August 17, 2011
Millionaires Go Missing According to IRS Statistics
The Wall Street Journal reports: