45% of Americans pay no federal income tax

[Street Knowledge]

45% of Americans pay no federal income tax


Many Americans don’t have to worry about giving Uncle Sam part of their hard-earned cash for their income taxes this year.

An estimated 45.3% of American households — roughly 77.5 million — will pay no federal individual income tax, according to data for the 2015 tax year from the Tax Policy Center, a nonpartisan Washington-based research group. (Note that this does not necessarily mean they won’t owe their states income tax.)

Roughly half pay no federal income tax because they have no taxable income, and the other roughly half get enough tax breaks to erase their tax liability, explains Roberton Williams, a senior fellow at the Tax Policy Center.

 

[ORDER_66]

How was this possible???

 

[No1]

How was this possible???

Their wages are too low. Basically, if you raise the minimum wage then this number changes.

 

[ORDER_66]

Their wages are too low. Basically, if you raise the minimum wage then this number changes.

But here's another question how low does it have to be so that you WONT be able to pay it???

 

[OfTheCross]

45% of Americans pay no federal income tax


Many Americans don’t have to worry about giving Uncle Sam part of their hard-earned cash for their income taxes this year.

An estimated 45.3% of American households — roughly 77.5 million — will pay no federal individual income tax, according to data for the 2015 tax year from the Tax Policy Center, a nonpartisan Washington-based research group. (Note that this does not necessarily mean they won’t owe their states income tax.)

Roughly half pay no federal income tax because they have no taxable income, and the other roughly half get enough tax breaks to erase their tax liability, explains Roberton Williams, a senior fellow at the Tax Policy Center.

This is true.

That's why I don't get why ppl say they're paying too much in taxes. Most people don't pay shyt.

 

[hayesc0]

This is true.

That's why I don't get why ppl say they're paying too much in taxes. Most people don't pay shyt.

This is not entirely true don't forget about payroll tax and sales tax is a huge burden on the poor.

 

[Darth Nubian]

How was this possible???

Have dependent kids and qualify for EITC.

 

[Darth Nubian]

But here's another question how low does it have to be so that you WONT be able to pay it???

They pay just get it all back plus some in their refund.

 

[The_Sheff]

This is true.

That's why I don't get why ppl say they're paying too much in taxes. Most people don't pay shyt.

Maybe its because the people complaining are the people paying.

 

[OfTheCross]

Maybe its because the people complaining are the people paying.

Maybe...

There are a lot of poor Republicans that complain about this and they don't pay anything. I know some personally, and demographically, we can assume that many registered Republicans fit this description as well.

 

[the cac mamba]

you cant take too much more off the top of someone making 11 an hour

if they have a kid its a wrap

 

[88m3]

I wonder how many Sanders supporters pay a significant amount in Federal Taxes let alone files taxes at all.

 

[Dusty Bake Activate]

I wonder how many Sanders supporters pay a significant amount in Federal Taxes let alone files taxes at all.

Be a limousine liberal brehs.

 

[Yessir_Araphat]

But I was told only illegal immigrants didn't pay taxes ​

 

[Robbie3000]

They don't make enough to pay federal taxes.



But they do pay a large percentage of their income in payroll taxes, state and local taxes. Here is a better graph that takes into account Federal, State and local taxes as a percentage of total income.