61% of Americans paid no federal income taxes in 2020

[TNVOLNAVY]

Socialism moving along nicely.

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center.

https://www.cnbc.com/2021/08/18/61p...ome-taxes-in-2020-tax-policy-center-says.html

 

[hog88]

But the 39% don't pay their fair share!

 

[Orangeburst]

So depressing
Just add it to the list

 

[K-town Vol Fan]

Trump's America.

 

[NorthDallas40]

Clearly the answer to this situation is a $3.5T spending bill which we don’t have money to pay for.

 

[NorthDallas40]

Trump's America.

Can you show me the Biden admins plan to raise taxes on those 61% then to get them to have skin in the game? Or is all you got “but Trump”?

 

[McDad]

Socialism moving along nicely.

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center.

https://www.cnbc.com/2021/08/18/61p...ome-taxes-in-2020-tax-policy-center-says.html

Excellent. Only 39% more to go.

Hopefully no one will pay income tax in the future.

 

[DancingOutlaw]

Socialism moving along nicely.

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center.

https://www.cnbc.com/2021/08/18/61p...ome-taxes-in-2020-tax-policy-center-says.html

With all the new freebies 2021 will be even higher.

 

[hog88]

Trump's America.

I do believe it was Biden that issued the EO exempting unemployment from income tax.

 

[hog88]

Excellent. Only 39% more to go.

Hopefully no one will pay income tax in the future.

Fall of the wagon this morning?

 

[utvolpj]

I hope we can all join them one day

 

[landscapingvol]

Can you show me the Biden admins plan to raise taxes on those 61% then to get them to have skin in the game? Or is all you got “but Trump”?

It's all he ever has

 

[landscapingvol]

Socialism moving along nicely.

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center.

https://www.cnbc.com/2021/08/18/61p...ome-taxes-in-2020-tax-policy-center-says.html

How does one get into that 61%? Asking for a friend

 

[McDad]

Fall of the wagon this morning?

Not at all.

We should all be looking to move away from income tax which gives politicians added power to pit us against each other and allows them to manipulate rates, rules, exemptions to buy votes.

 

[hog88]

Not at all.

We should all be looking to move away from income tax which gives politicians added power to pit us against each other and allows them to manipulate rates, rules, exemptions to buy votes.

100% agree but I just can't see that ever happening.

 

[McDad]

100% agree but I just can't see that ever happening.

It never will. It requires bloodshed to forcibly take back acquiesced power. We do not have the conviction as a country to do what must be done.

 

[Wireless1]

Socialism moving along nicely.

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center.

https://www.cnbc.com/2021/08/18/61p...ome-taxes-in-2020-tax-policy-center-says.html

Wonder how many of the 20% that didn't pay last year but will in 22 will be screaming when it comes time to write that check.

 

[Boca Vol]

How does one get into that 61%? Asking for a friend

Go to Mexico, denounce US citizenship, party in Cabo for a few weeks, then comeback across the border. DONE!

 

[Volaholic320]

Trump's America.

Your comment is not educated is it?

 

[DancingOutlaw]

I hope we can all join them one day

 

[TNVOLNAVY]

With all the new freebies 2021 will be even higher.

Only about a decade ago it was 47%, so yes, it will increase.

 

[utvolpj]

Only about a decade ago it was 47%, so yes, it will increase.

Good! Eventually it will hit the point where real spending cuts must be made.

 

[85SugarVol]

Should be either 100% or 0% (preferably 100%)

 

[Vol737]

Trump's America.

FFS, completely stupid take.

 

[Vol737]

Socialism moving along nicely.

More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center.

https://www.cnbc.com/2021/08/18/61p...ome-taxes-in-2020-tax-policy-center-says.html

This is why we need to scrap the income tax and go straight up consumption tax.