In 2014, an unmarried American with a total income of $10,155 under age 25 and eligible only for the “standard deduction” would have had a taxable income of $5, and thereby owed the federal government the grand total of $1.  One dollar is the lowest (positive) tax liability for the federal individual income tax, and for the lowly income above, it amounts to an effective tax rate of less than 0.01 percent. One can only hope that Congress is wise enough not to spend that all in one place.  Our hypothetical taxpayer, however, can hold his head high, because he is at least paying something for the blessing of living in America, unlike millions of Americans who have incomes but pay nothing in income taxes. Shouldn’t everyone with an income pay income taxes?  Low-income earners aren’t allowed to skip out on paying payroll taxes, sales taxes, Obamacare taxes, etc., so why doesn’t Congress require them to pay income...(Read Full Article)