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Message Subject
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Americans Spent More on Taxes in 2020 Than on Food, Clothing, Healthcare and Entertainment Combined
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Poster Handle
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Sol-tari |
Post Content
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In 2020, the total revenue of the U.S. government sum up to about 3.42 trillion U.S. dollars and consist of individual and corporate income taxes, payroll taxes and other taxes. Individual income taxes totaled up to 1.6 trillion U.S. dollars in 2020, whereas corporate income taxes totaled to 212 billion U.S. dollars. [ link to www.statista.com (secure)] Does anyone know of any tax code changes in the last few years that seem to push the burden more onto the average tax payer then the mega-corps posting mega-profits?
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