Of the 150,493,263 filers who submitted individual income tax returns to the Internal Revenue Service for the 2015 tax year, only 99,040,729 paid any income tax at all.
Together, those Americans paid a record $1,457,891,441,000 in total income taxes — for an average of $14,720 per taxpayer.
The other 51,452,534 — or about 34.2 percent of all filers — did not pay a penny. Their average income tax payment was $0.
This is a fundamental divide in the American tax system. On one side are those who do pay taxes; on the other, those who don't.
And the divide gets worse.
There were 30,417,609 filers who did not pay income taxes and received $89,614,869,000 in cash back from the federal government.
In other words, they got $89,614,869,000 in welfare payments.
We know this because the IRS tells us so. It calls the $89,614,869,000 in cash that the federal government paid to tax-return filers who paid no taxes the "refundable portion" of "refundable credits."
30,417,609 Paid $0 Income Taxes, Got $89.6 Billion Back
Together, those Americans paid a record $1,457,891,441,000 in total income taxes — for an average of $14,720 per taxpayer.
The other 51,452,534 — or about 34.2 percent of all filers — did not pay a penny. Their average income tax payment was $0.
This is a fundamental divide in the American tax system. On one side are those who do pay taxes; on the other, those who don't.
And the divide gets worse.
There were 30,417,609 filers who did not pay income taxes and received $89,614,869,000 in cash back from the federal government.
In other words, they got $89,614,869,000 in welfare payments.
We know this because the IRS tells us so. It calls the $89,614,869,000 in cash that the federal government paid to tax-return filers who paid no taxes the "refundable portion" of "refundable credits."
30,417,609 Paid $0 Income Taxes, Got $89.6 Billion Back