"His link was pretty clear, he's just using data provided by IRS?"
He suggested that someone making $46,000 didn't have to pay income taxes.
He left out the part where the threshold is really $15,750, and for someone making $46K to NOT be paying income tax, they've got to have a spouse and a kid, or two kids.
Hell, I can create a situation where someone is bringing in $46,000,000 and paying NO income tax. But if I represent that as routine...well, I've left out the salient part, haven't I?
And please don't think I'm making that last number up: Peter Thiel had $5 Billion in his Roth IRA (!) as of 5 years ago. I think it's safe to assume he has $5.3 Billion now, which is the average net worth of today's 3000 Billionaires (Math: Total Net: $16 Trillion)
That means Thiel saves over $1 million/week with the tax cut extensions. And since it's Roth...it's possible for him to pull in $46,000,000 in a year...without paying a penny in federal or state income taxes.
FYI - Want to gain in wealth?
"Stocks are always risky in the short-term, but if you hold long-term, history shows you have a 100 percent chance of success. The graph below shows percentage success as your holding period increases. If you pick ANY 20-year period in American stock history, 100 percent of the time you had a positive return. This includes 20-year blocks that overlapped the Great Depression, World War II, the housing crisis, and tech bubble bust."
i0.wp.com