Teeqoz said:
Well yes, I agree, no one should be able to attain 0%, but I only said rich people as those are the ones that are able to do that anyway. |
Teeqoz, for a bright kid, you really don't know what you're talking about here. Low income earners pay no taxes. The people making minimum wage and just above pay zero federal taxes and it's been that way for years. Even when I was making $10/hour in 2011, I paid no federal taxes.
The only rich people are able to pay reduced taxes is by making tax deducition expenditures. This how charitable giving is incentivized.