2 ms·
That's what the standard deduction does. For example, 57% of households did not pay any federal income tax in 2021: https://www.cnbc.com/2022/03/25/57percent-o
by oh_sigh 5y ago
That's what the standard deduction does.
For example, 57% of households did not pay any federal income tax in 2021: https://www.cnbc.com/2022/03/25/57percent-of-us-households-paid-no-federal-income-tax-in-2021-study.html https://www.cnbc.com/2022/03/25/57percent-of-us-households-p...
That's not even from COVID, the percentages are fairly similar going back a number of years.