53,176 million returns filed in the U.S., 65,361,000 paid no tax or had a negative tax rate (checks are actually mailed out to them under the earned income tax credit). This means that 42.67 or 43 percent of all taxpayers in the U.S. don’t pay any taxes or get tax refunds exceeding their tax liability.
It also shows that 23,658 million Americans, all those earning over $100,000 per year, or 15.4 percent of all taxpayers, pay 83.3 percent of all taxes; and that the 5.138 million top taxpayers earning over $200,000 per year pay 58.1 percent of all income taxes.
I hate taxes, but until we get to a fair tax or flat tax, it’s time for EVERYBODY to pay something. Once you do have skin in the game, you will all of a sudden become aware of how your tax money is being wasted.
Honestly, I’m way more interested in discussing cutting the spending and how much of the Federal Government can be reduced than I am worrying about how the Federal Government is going to change the Tax Code to raise the revenue thaey plan to extract from us.