Why Nearly Half of All Americans Pay Nothing in Federal Income Tax

By |November 29th, 2018|Categories: Personal Finance Tips|Tags: , |

When it comes to federal income tax, no one benefits as much as the taxman, no matter where you live. The Internal Revenue Service of the United States collected over $3.4 trillion in taxes in 2017. The only relatively minor silver lining to this fact is that the federal government handed out about $440 billion in refunds that same year.