Home News 45% of Americans pay no federal income tax – MarketWatch

45% of Americans pay no federal income tax – MarketWatch

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Hopefully you have remembered that today is tax day.  This article is an FYI about who is paying how much.  Just over half of Americans pay Federal taxes, and the top 20% pay $7 out of every $10 that is paid.

Many Americans don’t have to worry about giving Uncle Sam part of their hard-earned cash for their income taxes this year.An estimated 45.3% of American households — roughly 77.5 million — will pay no federal individual income tax

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