The Tax Policy Center recently calculated most working Americans didn’t pay federal income taxes in 2020. According to the chart below, supposedly 106.8 million out of 176.2 million total income tax filers did not pay federal income taxes. That amounts to 60.6%. Given there are roughly 332 million Americans, what happened to the other 156
The post Most Working Americans Don’t Pay Federal Income Taxes – A Problem? appeared first on Financial Samurai.
About Author
You may also like
-
Financial Planning Through Changing Presidencies: A Personal Journey
-
Four Years Later, You’re Likely Way Better Off Than You Think
-
2025 Tax Brackets: New Ideal Incomes For Workers And Retirees
-
The Surprising Benefits Of Donating To Your Kid’s School
-
Apply Stop Losses To Protect Your Wealth And Quality Of Life