Not quite - even among those people who take the standard deduction, contributing to a tax advantaged account would reduce taxes for most of them. And a signifi

Not quite - even among those people who take the standard deduction, contributing to a tax advantaged account would reduce taxes for most of them. And a significant proportion of low income people don’t even file a tax return, so by doing nothing they literally give away money. https://dailyyonder.com/low-income-families-risk-losing-thousands-of-dollars-if-they-dont-file-tax-return/2022/02/15/ https://dailyyonder.com/low-income-families-risk-losing-thou...