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by SideQuark 504 days ago
If you have enough rolloverloss from one year to another, then you can pay 0%, same as a corporation. In fact, over 40% of people pay zero federal income tax, and a significant amount get lots of govt money, so they’re getting effectively a negative income tax.

The vast majority of corp pay income tax, unless (and this is nearly never many years in a row) they have such tax rollovers from prev year.

Now, they also still pay property taxes, enemployment taxes, half your SS, taxes on goods bought, and a host of other taxes, independent from income taxes.

All your outrage is simply ignorance of how taxes work, and so far you’re wrong about all your unfounded belief. Go read how taxes work, learn to read SEC filings. CBO has detailed solid reports prepared covering all this stuff.

When you think something about taxes is outrageous, it’s going to be because you don’t understand them, and you’ve filled your head with tripe from sources designed to mislead you. Read actual tax law and filings, and all this misunderstanding will go away.

1 comments

I think it’s outrageous that the IRS doesn’t just compute taxes for us. And I think it’s ridiculous US citizens have to file regardless of where they are.