News for hackers. Stuff that matters.

A comment on Poor Grades Tied to Class Times That Don’t Match Our Biological Clocks. Parent comment

Re:Poor Grades Tied to Class Times That Don’t Match Our Biol... by war1025 on Friday March 30, 2018 @12:32PM (#16717534)
US doesn't have a 0% tax rate, but there is the standard deduction and other tax credits that mean a large chunk of money gets exempted from income tax, often much more than just $16,000 USD.
[ Parent | on HN ]
Re:Poor Grades Tied to Class Times That Don’t Match Our Biol... by war1025 on Saturday March 31, 2018 @08:44AM (#16723056)
Posting this a day later, so probably won't get seen much, but I just looked at my 2017 tax return.

I made ~$80k USD and because of various tax incentives (3 children mainly), I paid almost exactly the $1650 ($1683) figure you mentioned for federal income tax.

So my intuition is that the tax burden for most poor families is almost nothing.

[ Parent | on HN ]