Where do you live? In the U.S. federal taxes hit everyone. People get tax returns because they paid to much in taxes up front.
“The bottom” half of Americans all pay federal taxes. The percentage they pay is exactly the same as what those in the top 1% pay in their tax brackets. If someone makes 1 million dollars a year, the first 24,000 they made is taxed exactly the same way that someone who only made 24,000 that year.
Where do you live? In the U.S. federal taxes hit everyone. People get tax returns because they paid to much in taxes up front.
“The bottom” half of Americans all pay federal taxes. The percentage they pay is exactly the same as what those in the top 1% pay in their tax brackets. If someone makes 1 million dollars a year, the first 24,000 they made is taxed exactly the same way that someone who only made 24,000 that year.
That amount would be $2,648 dollars.