If your tax return equals what was deducted from your pay checks you effectively have not paid taxes, yes.
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Crikeste@lemm.ee 23 hours agoSo why did you say it’s 50% when it’s 19.3%? And is that 19.3% of the 50% of americans? Because that would then make it 9.65%.
I just don’t get what you’re getting at here. I make $30,000 a year and definitely still pay federal taxes. Or does, somehow, me getting a tax return mean that I don’t pay taxes? I’m lost.
Rampsquatch@sh.itjust.works 22 hours ago
medgremlin@midwest.social 22 hours ago
I didn’t say they paid no taxes at all, but I was explaining how the bottom 50% of earners in the country pay very little, if anything. The 19.3% is the bottom 19.3% of earners in the country, not a percentage of the bottom half.
I would argue that if you get everything (or most of your withheld taxes) back on your return…that means that you effectively didn’t pay federal income taxes or paid very little. If you get most of your withholding back every year, you could look at how you filed your exemptions on your I-9 and increase the number to the maximum allowable. I know some people that put the maximum allowances so that no federal tax is withheld from their paycheck and they just pay the balance at the end of the year when they file their taxes instead of getting a return.