61% of Americans paid no federal income tax last year, study shows

[Ordinary Guy]

If youre working for someone spending 8 or more hours a day generating profits for them you have a lot of investment.

only time, no money, no interest payments, insurance, no audit time, no inspection time, no regulatory expenses, just time does not earn you 40%

 

[Asclepias]

more that you invested, assume risk for, liable for, and generated? you forgot to include everything, stupid you are

I'm sorry you need someone to spell it out for you.

 

[Asclepias]

only time, no money,

Time is money.

 

[Ordinary Guy]

I'm sorry you need someone to spell it out for you.

I don't, unlike you I understand business

 

[Asclepias]

I don't, unlike you I understand business

Obviously you dont.

 

[Flash]

It use to be 48%.

If you don't pay an income tax then you shouldn't be allowed to vote.

 

[Ordinary Guy]

Time is money.

time is time, no investment, you really are fucking stupid though, you have earned that

 

[Asclepias]

time is time, no investment, you really are fucking stupid though, you have earned that

Time is money. Dont get angry. Get a better argument.

 

[Ordinary Guy]

Time is money. Dont get angry. Get a better argument.

not angry, just embarrassed for you, on ignore you go as I don't speak retard

 

[Asclepias]

Finally we agree

We only agree you dont know much about business.

 

[Asclepias]

not angry, just embarrassed for you, on ignore you go as I don't speak retard

If you have to ignore me then I know for certain I made you angry or hurt your feelings.

 

[DGS49]

Half of Americans pay no FIT, and yet Democrats wonder why they don't get as big a tax cut as high earners.

Idiots.

 

[Orangecat]

Just like taxes I can pay what I am willing?

You can try. If you work for someone else, they usually take out taxes before you have a chance to keep those earnings. Judging by the dumb nature of your posts and questions, I’d advise you just roll over and pay whatever you’re told to pay.

 

[Orangecat]

Not really. Youre just fooling yourself if you really believe that.

I should rephrase: If you’re not a worthless uneducated fool, you decide for yourself what you’re willing to work for. People who don’t even understand contractions are generally stupid enough to work for minimum wage.

 

[alang1216]

106.8 million US households owed no taxes last year​

It appears those receiving stimulus payments are not paying their fair share

61% of Americans paid no federal income tax last year, study shows

Nearly 61% of Americans paid no federal income taxes in 2020, a temporary spike attributed to a sudden decline in income and a massive boost in government subsidies during the coronavirus pandemic.

www.foxbusiness.com

Good luck getting any agreement on what is a 'fair share'. Almost 60% of federal revenue comes from sources other than income taxes

 

[whitehall]

There is a big difference between "paid no taxes" and "owed no taxes". Americans who "owed no taxes" didn't dodge taxes. They actually paid enough taxes during the year to keep the IRS off their backs. Isn't that a good thing?

 

[Staidhup]

So what else is new, but they can vote! Which may explain why we are in the position we are in. My curiosity is how many filed tax returns. Love that word return, like the government is going to return something to you?