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What else can I help you with?
What percentage of us citzens do not pay taxes?
47%
What other countries pay taxes besides the US?
They all do (many pay a much higher percentage than the US).
What percentage of the US population pays the most taxes?
The top 5% of earners pay 93% of all taxes
What percentage of wage earners do not pay taxes in the US?
It is important to note that the 47% do not pay Federal Income tax. They still pay pay any applicable city or state income taxes! They still pay the 7.65% combined Social security and Medicare taxes! They still pay real estate taxes, directly or via their rent payments in all localities that have real-estate taxes, which is probably everywhere in the U.S.! They still pay sales taxes on their retail purchases, which is proportionally higher for lower income people than it is for higher income people, since they spend a higher percentage of their income at retail! If one ignores the charitable giving of the wealthy, then some of the 47% actually contribute more financially to society than some of the wealthy do!
Do Corporations pay their fair share of taxes?
Corporations and the wealthy in the United States pay the vast majority of taxes to support the country. 5% of the people in the United States pay 95% of the taxes collected. I am certainly not one of these 5% but I do recognize that the wealthy in this country support the rest of us as they pay their share and our share of the taxes. They also produce the jobs through business ownership and investments to companies so that they can expand and offer jobs to the rest of us. It takes this type of investments and business ownership to run this country and probably the rest of the countries as well.
Do US olympic athletes pay taxes on their winnings?
no they do not have to pay taxes on their winnings.
Does the US Congress pay taxes?
The members and people working in and for the US Congress pay taxes just like any American resident. However the body itself does not pay taxes.
What percentage of US Taxes do corporations pay?
On average, corporations pay approximately 9-10% of total U.S. federal tax revenue. This percentage can vary depending on economic conditions, tax policies, and individual company performance.
Do puerto ricans who work in US but are not citizens pay taxes in US?
All puerto ricans are us citizen since 1917 and if they live in the states they have to to pay federal taxes.
Does the US President have to pay Income Tax?
Yes. They pay taxes and publish what they pay.
Do you have to pay taxes in the US on income earned outside the US?
Yes
Why are taxes important to us?
taxes pay for all the public services such as education for an example.
