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Economy

“40% of households will pay no federal income tax this year…”

“…Some 72.5 million households or 40% of households will pay no federal income tax this year, down from the pre-pandemic high of 60% two years ago, according to new estimates from the Tax Policy Center.

In 2021, nearly 56% of households or 99 million households paid no federal income tax, down from 60% or 100 million households in 2020, the nonpartisan think tank’s said in the report…”

https://www.marketwatch.com/story/40-of-households-will-pay-no-federal-income-tax-this-year-why-thats-good-news-11667240335

Income tax is robbery. Don’t let anyone tell you differently. It shouldn’t exist.

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