Detailed text transcripts for TV channel - CNN - 20100412:21:11:00
Turns out millions of americans really don't dread the april 15th filing deadline much as all. the reason is, 47% of u.s. hold ho -- households pay no federal income tax. almost half of americans will pay nothing. that's right. what we have in effect is roughly whatever the household paying the tax load for the whole country. one washington research group says it's either because people's incomes are too low or they qualify for enough credits, deductions and exemptions. in the past, credit for families have grown so much that a family of four with two children younger than 17 making $50,000 a ...
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