It's all about sustainability???? How is this Sustainable???
57% of U.S. households paid no federal income tax last year as Covid took a toll, study says??? WTF!
Yet many conservatives and Republican politicians have seized on the soaring number of non-payers to call for tax reform. Sen. Rick Scott as part of an 11-point “Rescue America” plan, said “all Americans should pay some income tax to have skin in the game.”
In
an interview with NPR, Scott, R-Fla., denied he wanted to raise taxes lower earners. “I don’t believe in tax increases,” he said.
“I’m not going to raise anybody’s taxes, but I want to have the conversation,” he said. “We’ve got able-bodied Americans who are living off of government programs instead of working, and that’s caused by these Democrat policies. And that doesn’t work. We got billionaires that are not paying, you know, income taxes.
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The Tax Policy Center estimated that a plan calling for all Americans to pay at least $100 in income taxes would raise $100 billion in revenue in 2022. Yet such a plan, by nature, would be highly regressive: More than 80% of the tax increase would be paid by households making about $54,000 or less, and 97% would be paid by those making less than about $100,000.
Gleckman said Scott’s claims about not supporting tax increases while wanting more Americans to pay taxes are “just silly.”
“If you have people paying no tax and you want them to pay more taxes than they’re paying now, I don’t understand what Scott is saying. The reason people don’t pay federal income tax is that they don’t make enough money,” he said.
There are wealthy taxpayers who pay no federal income tax in a given year, as documented in
recent ProPublica articles, and they are likely a small share of non-payers, Gleckman added.