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by chriscrisby 1 day ago
Majority of Americans pay little to no taxes.
1 comments

By percentage of income, or by dollar value? By dollar value, that seems possible. By % of income? Does not seem possible.
Top 50% of taxpayers paid about 97% of all federal individual income taxes. Therefore bottom 50% pay nothing or next to nothing.
So you’re counting by dollar amount.

Because find me a person who thinks 25% of their income is “next to nothing”

Meanwhile, a tax avoiding billionaire will double their net worth and take out an asset-backed loan of 100mil to live off and then pay ~0% of that in taxes.