45% of Americans pay no federal income tax

http://www.theburningplatform.com/2016/02/24/45-of-americans-pay-no-federal-income-tax/

This isn’t actually a shocker. When 40% of the working age population doesn’t work and another 10% only hold part-time jobs, they aren’t paying any Federal Income taxes. They are paying sales taxes, gasoline taxes, excise taxes, toll taxes, phone taxes, etc. If it was up to me, I’d scrap all income taxes and replace it with a consumption tax. The politicians would lose a tremendous amount of corruptible power. The more you spend, the more you pay. Savers wold be rewarded. I do favor a High Frequency Trading tax on the Wall Street criminals, just like Bernie. We could use it to build Trump’s wall.