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Oh, it's much worse then that. Roughly 45% of those with taxable income actually pay ZERO in federal income taxes.
That would not be correct, sir. If you have taxable income, by definition, you pay tax. Sorry, that technicality may be lost on most. I get your point.
Some of those that comprise the delta between citizens and taxpaying citizens are children, the retired and the infirm. That said, 45 (or lower these days) of wage earners do not pay FIT.... that is another story, but it starts with the fact that income tax is a tax on discretionary income, not total income.... and 45% of Americans have no discretionary income.
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