Originally Posted by
threeighteen
"Truth"? My statement was in response to;
50% of Americans don't pay any income tax
According to your own link;
This means 36 percent of all so-called taxpayers actually pay zero in income taxes after taking their credits and deductions.
But these figures don't include some 15 million people who work but don't earn enough to file a tax return. When these people are added to the non-payers, estimates the Tax Policy Center, the percentage of households who don't pay income taxes rises to 47 percent.
"Households" are different than taxpayers/nonpayers and cannot be the sum of a percentage and a hard number. Besides, there is a good reason that this additional 15 million don't have to pay tax on their low income.......as it should be. The more wealth on has, the more they benefit from society. The wealthier should pay more. Ironically, the wealthy are the ones with the most deductions and pay less.
BTW; I agree with
Chris Rock's definition of wealth.
