2 ms·

Could many of these people be retirees? It takes a lot of wealth to retire and then you don’t pay income tax.

• missedthecue 5y ago
  Only 16.5% of the population is over 65 years old. And many retirees do pay income tax. So most of this number is not retirees.
  • adgjlsfhk1 5y ago
    once you combine that with 16 and under, you are getting most of it.
  • newbamboo 5y ago
    I said “many” not “all.” The question I have is how to have policies that don’t hurt that 16.5%. It seems unfair to go after the elderly and take away the money they have worked hard to save. They are already being hurt by inflation, which sits at about 5%.