Americans Who Say They Pay Taxes Are Probably Lying

Americans Who Say They Pay Taxes Are Probably Lying

The Urban-Brookings Tax Policy Center recently released a report saying that 61% of U.S. households had paid no federal income tax in 2020, up from 44% in 2019, as the pandemic led to high unemployment and loss of income. Although the number will likely revert to the mid-40% range over time, now is probably a good time to have a discussion about what the right percentage of people paying taxes should be.

1
Like
Save