September 28, 2015
Data from the Tax Policy Center show that 45 percent of U.S. households (“tax units”) will pay no federal income tax in 2015. That figure has risen in recent decades.
In raw numbers, 94 million households will pay some income tax in 2015, while 78 million will pay none. As the TPC table shows, virtually all higher-income households pay income tax, while the nonpayers are mainly in the bottom half.
Presidential candidate Donald Trump says that he would take another 31 million off the tax rolls, in addition to what he says are 42 million current nonpayers. As you can see, the Trump and TPC data do not match regarding the current number of nonpayers.
Let’s go with the TPC data. Adding tens of millions more nonpayers would push the total number over 100 million. There would be more “tax eaters” in America than taxpayers, at least in terms of the federal income tax.
Read the full article at the Cato Institute: Trump Tax Plan Would Increase Tax Eaters