Re:61% of Americans paid no income taxes in 2020
by 988747 on Thursday August 19, 2021 @10:40AM
(#28234400)
The point of income tax isn't revenue - that comes from printing money, or from corporate taxes.
Income tax is basically a surveillance tool - it forces you to declare all your income sources, and a large part of spending (if you want to claim some tax breaks).
Income tax is basically a surveillance tool - it forces you to declare all your income sources, and a large part of spending (if you want to claim some tax breaks).