Would you believe that roughly 50 million Americans pay no income tax. You might assume that it’s the rich who aren’t paying. But you’d be surprised. If you make about $50,000, you’ve paid all of your taxes April 30. If you make $100,000, you are done paying federal, state and local taxes on June 20. If you make $1 million, you’re done paying August 3. So, if you look at people who make more than $100 grand, they’re paying taxes at least about half of the year. Is it right that you pay more tax as you make more money?