BIDEN’S AMERICA: 57% of US Households Paid NOTHING in Federal Income Tax Last Year

More than 57% of American families paid nothing in federal income taxes last year when adjusted for government entitlements like COVID relief checks, child tax credits, and other payments.

From CNBC:

More than half of American households paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report.

The nonpartisan Tax Policy Center estimates that 57% of U.S. households paid no federal income taxes for 2021, up substantially from the 44% before the pandemic. 

Howard Gleckman, senior fellow at the Tax Policy Center, said Covid-related job losses, a decline in incomes, stimulus checks and tax credits were largely responsible for the increase.

The expanded Child Tax Credit was a large factor. It substantially reduced “the income tax liability of more than a hundred million households and temporarily turned many from payers of small amounts of federal income tax to non-payers,” Gleckman wrote.