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What rate should the people paying 0 in federal income tax (roughly half of the population) actually pay in order to make the progressive tax system work better
by yucky 4y ago
What rate should the people paying 0 in federal income tax (roughly half of the population) actually pay in order to make the progressive tax system work better?
- claudiulodro 4y agoFollow up question: what rate should the 25% of the population who are minors[1] and the half of older adults who are retired[2] pay? Combined, these groups are ~40% of the US population as far as I can tell. [1] https://www.aecf.org/resources/the-changing-child-population-of-the-united-states#:~:text=Today%2C%20the%20number%20of%20children,all%20time%20low%20of%2024%25 https://www.aecf.org/resources/the-changing-child-population.... [2] https://www.pewresearch.org/fact-tank/2021/11/04/amid-the-pandemic-a-rising-share-of-older-u-s-adults-are-now-retired/ https://www.pewresearch.org/fact-tank/2021/11/04/amid-the-pa...