How to lie with statistics. What percentage of Americans had income that is subject to taxation given the number of nonworking spouses, children retireees and welfare queens.
https://taxfoundation.org/us-households-paying-no-income-tax/
Notice the left is never for a confiscatory wealth tax.
FWIW, I think every American should pay tax.
Just enough so that it hurts. And the people paying begrudge every damn dime.
Slow down there, Skippy...yer speedin’!
I’m retired, pay income tax on my non-government pension AND ALSO on part of my SS retirement benefits and I only take the standard deduction, so no loophole deductions here!
Joe (married, joint filer) has an adjusted gross income of $300,000 for 2020. He has $50,000 in deductions that reduce that to $250,000 taxable income for the year. His taxes on that amount are $48,159. Joe arranged to take out $910 per weekly paycheck for federal taxes. At the end of the year he has paid $47,320 in federal taxes and owes $839. So he writes a check in that amount and the matter is resolved with the IRS.
Along comes a reporter and looks at the return and what he paid. OMG! Joe made $250,000 and only paid $839 in taxes! A rate of only 0.33% taxes! How is he so priveleged ? WHAT A SCANDAL! THIS CANNOT STAND!