Dependence in the US

LETTER

In the light of President Trump’s recent victory with the Tax Cuts and Jobs Act, it might be worthwhile to have a look at some statistics from the 2015 tax year in the United States.

Of the 150,493,263 filers who submitted tax returns, only 99,040,729 paid any income tax; 30,417,609 of the 51,452,534 who did not pay any tax received $89,614,869,000 in welfare payments.

So who paid the taxes the federal government needed to send that $89,614,669,000 to those 30,417,609 who paid no income tax?

One major contributor was a group the IRS calls “married persons filing jointly”. The 41,551,043 married couples filing jointly paid $1,040,684,097,000 in income taxes which was 71.4 percent of the $1,457,891,441,000 total in income taxes the IRS collected for tax year 2015. These tax-paying married couples paid an average $25,046 in federal income taxes in 2015.

Interestingly, 47,741,885 single people filing tax returns paid $326,342,729,000 in income tax, an average of about $6836 per person.

It would take 3.66 tax-paying singles to surrender to the federal government the same income tax as one tax-paying married couple.

To conclude, the federal government is financially dependent on income tax-paying married couples who jointly file their tax returns, and it has made 30,417,609 filers who pay no income taxes dependent on government by handing them $89,614,669,000 in a single year.

Patrick Cooper

In the light of President Trump’s recent victory with the Tax Cuts and Jobs Act, it might be worthwhile to have a look at some statistics from the 2015 tax year in the United States.

Of the 150,493,263 filers who submitted tax returns, only 99,040,729 paid any income tax; 30,417,609 of the 51,452,534 who did not pay any tax received $89,614,869,000 in welfare payments.

So who paid the taxes the federal government needed to send that $89,614,669,000 to those 30,417,609 who paid no income tax?

One major contributor was a group the IRS calls “married persons filing jointly”. The 41,551,043 married couples filing jointly paid $1,040,684,097,000 in income taxes which was 71.4 percent of the $1,457,891,441,000 total in income taxes the IRS collected for tax year 2015. These tax-paying married couples paid an average $25,046 in federal income taxes in 2015.

Interestingly, 47,741,885 single people filing tax returns paid $326,342,729,000 in income tax, an average of about $6836 per person.

It would take 3.66 tax-paying singles to surrender to the federal government the same income tax as one tax-paying married couple.

To conclude, the federal government is financially dependent on income tax-paying married couples who jointly file their tax returns, and it has made 30,417,609 filers who pay no income taxes dependent on government by handing them $89,614,669,000 in a single year.

Patrick Cooper

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