“Everybody should pay something.”
I’ve heard it said that only about 50% of wage earners pay federal taxes, but I’m not so sure... I can only judge by my own experience:
My family consists of 2 had just over 23,000 in income last year but we paid about 650 in federal taxes. So although we are pretty low on the income ladder we paid. Makes me wonder who exactly is NOT paying federal taxes, beside the unemployed, I mean.
And fed taxes are not all the taxes we pay by a long shot. I sat down last year and tallied up all the money that went straight to the government in one form or another, and it came to 35% of our gross yearly income. Government truly is a fat leech on the back of every working american. It’s killing us for sure.
When it comes to corporate income taxes ONLY companies that make a profit pay that tax. Private individuals faced with the personal income tax have no such choice. IRS will show up at your bankruptcy hearing to make sure they get THEIRS FIRST!