The bottom line

No income tax for 47 percent of U.S. households; U.S. auto sales slip by 23 percent; "Ancillary revenue” for U.S. airlines up by 276 percent; Sales of smart phones show 15 percent rise; Wal-Mart to expand Bodega Express stores

No income tax for 47 percent of U.S. households

In 2009, roughly 47 percent of all U.S. households, or 71 million, will owe no federal income tax. Most of the households that pay no taxes earn less than $30,000 a year.

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