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by anonym29 19 hours ago
>First off all, what percent of people do not pay any taxes on income?

If you modify this slightly to the percent of people who are not net taxpayers, meaning you subtract transfer payments (including social security, medicare, medicaid) to them from the taxes they pay (including social security, medicare, and medicaid), it's about 60% of the country, which tracks quite closely to the percentage of Americans who could not afford an unexpected $1000 expense.

Most of the country is on a constant financial cliff.

1 comments

The best analysis I have seen puts it at 28% once you net out sales taxes and property taxes. (There are a lot of people who own property that they live in, but don't work, but they do owe property tax obviously.)

Your 60% figure is reasonable, though, as the gap between 28% and 60% is people who are paying a very, very small net amount, mostly via sales taxes or other taxes that exist like taxes on airplane tickets or hotels.