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A comment on The wealthiest 10% of Americans own a record 89% of all U.S. stocks. Parent comment

Re:The wealthiest 10% of Americans own a record 89% of all U... by boulos on Monday October 18, 2021 @12:12PM (#28907114)
That's not what your link says. The final rows are "don't pay either" (20% of tax units). The one you quoted is from the 2020 data for "Zero or Negative Sum of Income and Payroll Taxes".

Your total tax liability can become zero, even post the 7-ish% Social Security and such, due to the EITC and so on. For example, if you make $20,000 / yr but have two children (made up numbers), you probably end up with a sum of zero.

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Re:The wealthiest 10% of Americans own a record 89% of all U... by TameAntelope on Monday October 18, 2021 @12:14PM (#28907136)
What does a "sum of zero" mean, in "dollars paid to the US government overall"?
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Re:The wealthiest 10% of Americans own a record 89% of all U... by boulos on Friday October 22, 2021 @04:28PM (#28962325)
The $300-600/week/person benefit counts as part of that sum (plus the one off checks). So you could have Federal taxes of say $2000 and then benefits of $10000, resulting in a net transfer (sum of "zero" is probably not right, <= zero).
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