40% of households will pay no federal income tax this year. Why that's good news.

Contributing sentiments towards policy:

54% :(Less than half of pay taxes for their benefits, the Social Security Administration has noted.)
52% : People earning below that amount do not owe federal income taxes, even if it may still be a good idea to file a return to access credits including the earned income tax credit and the child tax credit, Gleckman said.
49% : "Lots of people are working, lots of people are paying income tax."
46% : In most cases, those who do not owe federal income tax are low-income households, Gleckman said.
45% : The Tax Policy Center's numbers are focused on the number of people paying federal income taxes, but that's different than another hot-button topic known as the "tax gap."
44% : People earning below that amount do not owe federal income taxes."
42% :Massive job losses in the pandemic's early stages sent millions of people to unemployment lines and temporary rules exempted much of 2020 jobless benefits from income taxes, Howard Gleckman, senior fellow at Tax Policy Center, said.
40% :The IRS last week said the gap -- the difference between taxes owed and taxes paid -- grew to an annual span, though other estimates go far higher.

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