RELATED: 23 polls show Americans back tax increases to pay down the deficit.



Every April 15, there's a rash of stories about the 47 percent of Americans who pay no federal income tax. But most people don't realize that group includes 1,400 millionaires, as the Associated Press reports.





So as

it probably won't make you feel any better that 1,400 millionaires aren't paying squat to the feds.

And let's not forget

with this depressing subhead: How can it be that you pay more to the IRS than General Electric?

The millionaires statistic comes from new Internal Revenue Service (IRS) numbers showing that the recession means 2 million fewer taxpayers.

Of course, most people who don't pay federal income taxes have low incomes and see their burden wiped out by the standard deduction and child tax credit,

.

like sales, property and state taxes.