Quote:
Originally Posted by _______
Federal income tax paid/AGI, I don't think there are.
I'll have to back off my "no one". I don't know that. It's probable that across the entire tax paying population, there are some. But they are very few.
To be fair, I was responding to someone claiming a 25% flat tax would save most American's money.
I know wrong doesn't have actual degrees but if it did "no one pays 35%" is still closer to the truth than "a 25% flat tax saves everyone money".
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Your statement wasn't FedTax/AGI. It was total income tax/AGI. A person can absolutely pay a FedTax/AGI of 35%+.
To be fair with the flat tax, most proposals I have seen have a hefty exemption amount so that a single person making $40,000 may not pay a nickel due to the exemption.