Yes, 47% of Households Owe No Taxes. Look Closer. - NYTimes.com

Yes, 47% of Households Owe No Taxes. Look Closer. - NYTimes.com: "So a much greater share of income is now concentrated at the top of distribution, while each dollar there is taxed less than it once was. It’s true that raising taxes on the rich alone can’t come close to solving the long-term budget problem. The deficit is simply too big. But if taxes are not increased for the wealthy, the country will be left with two options."