- More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center.
- The pandemic and federal stimulus led to a huge spike in the number of Americans who either owed no federal income tax or received tax credits from the government.
- The main reasons for the spike — high unemployment, large stimulus checks and generous tax credit programs — will largely expire after 2022.
