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Bailing out corporations is a mega scam. (media.communities.win)

posted 3 years ago by LightBringerFlex 3 years ago by LightBringerFlex +397 / -0

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– pearlrevolver 2 points 3 years ago +2 / -0

For people under 65 in 2020, you didn't need to pay federal tax or file if you were single and had an income of less than $12,400. Or were married filling jointly with an income of less than $24,800 ($25,100 in 2021).

Here's the whole chart:

https://www.investopedia.com/financial-edge/0411/5-groups-that-dont-pay-taxes.aspx

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– Insignificant 1 point 3 years ago +1 / -0

Correct. I thought you were implying that "poor people" simply refused to pay taxes for being poor. My apologies for assuming you didn't understand tax brackets...spot on.

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