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Majority of Americans pay little to no taxes.

• kennywinker 2mo ago
  By percentage of income, or by dollar value? By dollar value, that seems possible. By % of income? Does not seem possible.
  • chriscrisby 2mo ago
    Top 50% of taxpayers paid about 97% of all federal individual income taxes. Therefore bottom 50% pay nothing or next to nothing.
    • kennywinker 2mo ago
      So you’re counting by dollar amount. Because find me a person who thinks 25% of their income is “next to nothing” Meanwhile, a tax avoiding billionaire will double their net worth and take out an asset-backed loan of 100mil to live off and then pay ~0% of that in taxes.
      • chriscrisby 2mo ago
        It’s pretty easy to someone who can’t wait for tax time because they pay negative taxes.