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by whimsicalism 1617 days ago
61% of Americans paid no federal income tax in 2020.
3 comments

>Nearly 61% of U.S households paid no federal income taxes during pandemic-stricken year of 2020, because of declines in income and boosts to government subsidies that wiped away tax liabilities, according to data from the Urban-Brookings Tax Policy Center.

https://www.bloomberg.com/news/articles/2021-08-18/u-s-house...

In other words, it's a one-off. Failing to mention that is highly misleading.

43.6% in 2019 for anyone curious like me

Source with both numbers: https://taxfoundation.org/us-households-paying-no-income-tax...

It looks like they are including Puerto Rico (no federal income taxes)?
thanks you saved me from having to go look that up. Notice the person who posted that didn't also post how much of the wealth and revenue went to the upper 39% lol.
What percentage of those paid no payroll taxes?
Figures don't lie,

but liars can figure.