Select Page

From Zerohedge.com:  Incredibly, in 2020, approximately 61% of Americans paid no federal income taxes, according to the Tax Policy Center.  Therefore, approximately 39% of Americans paid all federal income taxes.

In 2017, the top 1% of income earners in the U.S. paid more in taxes than the bottom 90% combined. That is an amazing factoid.

They are rewarded for this staggering largess by being told they need to “pay their fair share.” Their “fair share,” one might logically surmise, would be around 39% of the federal income taxes paid, not 100%. The top 20% of income earners pay about 67% of federal taxes. “Progressive,” you know. They should be lauded as pillars of the community, as not only the most productive, but the most charitable folks in society. (Whether they wanted to be or not.) Instead, they are called “greedy” by the self-same people who receive the benefits of this mass income redistribution.

Read the whole thing:  61% Of Americans Paid No Federal Income Taxes In 2020 – Who’s Greedy? | ZeroHedge