IRS Data Show 3,000 Millionaires receive Job Aid

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According to IRS records, 2,840 households that earned more than $1 million a year in 2008 received $18.6 million in jobless benefts. This even included 806 households with incomes in excess of $2 million and 17 that earned more than $10 million. Those earning more than $2 million per year (multimillionaires) received $18.6 million in job aid in 2008. This forms part of the total of 9.5 million taxpayers who received $43.7 billion in aid that year which was an increase from 7.6 million who received $29.4 billion in job benefts the year before.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

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