I've read that over 40% of Americans don't pay any fed income tax. I wonder how that will wash out with this. It's all a combination of standard deductions & personal exemptions.
And, presently, most of those get large refunds.
Democrats will scream like Hell, but we definitely need to return to the rule of "You can not get back more than you paid in."
I have no problem with indigent older folks, or even struggling young families paying $0 to the IRS. I do have a problem with kids paying in $1000 bucks of with holding and getting a $10,000 refund.
The IRS is not SUPPOSED to be a federal welfare system!
