More than 40% of U.S. households will owe no federal income tax, down from last year, according to a new analysis

Contributing sentiments towards policy:

53% : About 24 million, or roughly one-third, of non-payers are age 65 or older, many of whom live on Social Security.
49% : Now, with unemployment at or near record lows, and many of the credits and government payments ended, the number of Americans who owe some form of federal income tax in 2022 will rise closer to its historical norms of around 60%.
48% : "For the most part, people don't pay income tax because they have little income," he said.
46% : The standard deduction, which effectively doubled after the Tax Cuts and Jobs Act, is now at $25,900 for married couples and $12,950 for single filers, so anyone earning less than those amounts wouldn't owe federal income taxes.
46% : Gleckman added that virtually all Americans pay some form of tax, whether it's sales and excise taxes, state taxes or property taxes.
28% : The number of Americans who pay no federal income taxes remains a hot political issue, with many Republicans arguing that more Americans should pay federal income taxes and Democrats often arguing that many of the rich don't pay taxes.

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