Under Trump, millions of Americans could pay $0 in federal income tax — here’s whose bill may be eliminated entirely
Yahoo Finance·2025-10-19 11:00
President Donald Trump’s new tax bill cuts the income tax liability for many Americans. Altogether, roughly 40% of U.S. households could pay $0 in federal income tax in 2025, according to the Tax Policy Center (1). That’s in line with the 40% of households that had a $0 federal tax bill in 2022, under the Biden administration. However, Trump’s tax cuts favor specific groups, which means you could see a $0 tax bill for the first time if you meet certain conditions (2). Must Read Here’s a closer look at w ...