MarketWatch
Donald Trump paid $0 in taxes in 2020. He’s not alone: 60% of households paid no federal revenue tax that yr, however for very completely different causes.
Former President Donald Trump and his spouse, Melania, paid $0 in revenue taxes for 2020, in accordance with a report launched late Tuesday by the congressional Joint Committee on Taxation. This yr, some 72.5 million U.S. households, or 40%, can pay no federal revenue tax, down from the pandemic excessive of 100 million households, or 60%, two years in the past, in accordance with estimates from the Tax Coverage Heart. In 2021, practically 56% of households, or 99 million, paid no federal revenue tax, the nonpartisan assume tank stated in a report launched earlier this yr.
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