Of the 150,272,157 tax returns filed for the 2016 tax year, 50,219,667—or 33.4 percent–were classified by the Internal Revenue Service as “nontaxable returns,” meaning the people who filed them paid $0 or less in income taxes, according to data published by the Statistics of Income Division of the IRS.
At the same time, 80 percent of all income taxes paid that year were paid by tax return filers who had adjusted gross incomes of $100,000 or more.
More HERE
By Illinois Review It wasn’t that long ago when IL GOP leaders were endorsing Fl. Gov. Ron DeSantis’ failed presidential bid, hosting ‘Never Trumpers’ at fundraisers in Naples,...
Read more
The Illinois Supreme Court overturned Jussie Smollett’s conviction, citing due process violations. Critics warn this sets a dangerous precedent for fake hate crime cases. Read why Illinois deserves...
Read more
By Illinois ReviewOn Saturday, Ill. Gov. JB Pritzker (D) made a promise to Illinoisans in a post on X that the Land of Lincoln would continue to offer...
Read more
By Illinois ReviewIn a stunning and unprecedented rebuke, the Chicago City Council rejected a $300 million property tax increase proposed by Mayor Brandon Johnson by a vote of...
Read more
By Illinois ReviewOn Wednesday, President-elect Donald Trump announced that he was nominating Florida Congressman Matt Gaetz to be his attorney general – calling him “a deeply gifted and...
Read more
© 2024 llinois Review LLC Editor in Chief Mark Vargas Publisher Thomas McCullagh Chief Counsel Scott Kaspar