“40% of households will pay no federal income tax this year…”
November 1, 2022
“…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…”
Income tax is robbery. Don’t let anyone tell you differently. It shouldn’t exist.