3 ms·
It's actually 35%, if you don't count people who file with just the standard deduction. While technically a "deduction", the standard deduction is pretty dead-s
by mjn 14y ago
It's actually 35%, if you don't count people who file with just the standard deduction. While technically a "deduction", the standard deduction is pretty dead-simple to compute. It only gets more complicated if you're taking itemized deductions, and that's about 1/3 of taxpayers (though that's still a high proportion of itemized filers compared to many countries).
Source: http://taxfoundation.org/article/most-americans-dont-itemize-their-tax-returns http://taxfoundation.org/article/most-americans-dont-itemize...
- ScottWhigham 14y agoExcellent - I should've chosen "itemized" and then, of course, the percentage is lower than 100%. Thanks for the link - good info.