Who sustains the Federal Government?
2.14 trillion was collected in income taxes in 2022. Of that, the bottom 50% of all IRS returns, which is about 76 million people, paid a combined $65B.
That's pocket change. IMO, 76 million people shouldn't even file or worry about IRS stuff. Let's stop wasting their time.
The top 50% paid 2.07T dollars:
Top 1% (1.5m ppl, income >$660K) -> $854.5B
5% to 1% (5m ppl, income >$260K) -> $448.6B
10% to 5% (8m ppl, income >$175K) -> $235.0B
25% to 10% (23m ppl, income >$100K) -> $320.5B
50% to 25% (38m ppl income >$50K) -> $213.6B
With today's DOGE results, the 50% to 25% shouldn't need to file anymore.
With a few more DOGE results, the 25% to 10% might not need to file.
We only really need the Top 10% of filers (15 million people) to sustain the federal government with 1.5T dollars paid.
This is realistic. Let's stop wasting everybody else's time.
Vitor Pamplona
npub1gc…fnj5z
2025-04-16 15:19:23
Author Public Key
npub1gcxzte5zlkncx26j68ez60fzkvtkm9e0vrwdcvsjakxf9mu9qewqlfnj5zPublished at
2025-04-16 15:19:23Event JSON
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"content": "Who sustains the Federal Government? \n\n2.14 trillion was collected in income taxes in 2022. Of that, the bottom 50% of all IRS returns, which is about 76 million people, paid a combined $65B. \n\nThat's pocket change. IMO, 76 million people shouldn't even file or worry about IRS stuff. Let's stop wasting their time.\n\nThe top 50% paid 2.07T dollars:\n\nTop 1% (1.5m ppl, income \u003e$660K) -\u003e $854.5B\n5% to 1% (5m ppl, income \u003e$260K) -\u003e $448.6B\n10% to 5% (8m ppl, income \u003e$175K) -\u003e $235.0B\n25% to 10%\t(23m ppl, income \u003e$100K) -\u003e $320.5B\n50% to 25% (38m ppl income \u003e$50K) -\u003e $213.6B\n\nWith today's DOGE results, the 50% to 25% shouldn't need to file anymore. \n\nWith a few more DOGE results, the 25% to 10% might not need to file. \n\nWe only really need the Top 10% of filers (15 million people) to sustain the federal government with 1.5T dollars paid. \n\nThis is realistic. Let's stop wasting everybody else's time. ",
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