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Showing posts with label people who don't pay taxes. Show all posts
Showing posts with label people who don't pay taxes. Show all posts

Monday, April 18, 2011

45% of Households Pay No Taxes!


Updated 9/18/2012:  Republican Presidential Candidate Mitt Romney speaks with derision and disdain about the "47%" who supposedly pay no taxes.  Commentary HERE.

Ezra Klein at Wonkblog itemizes those who don't pay income taxes HERE. 

A few weeks back I posted:  "47% of the People Pay No Taxes!".  Here's an update for Tax Day:

CNN ran an article this morning about the percentage of people who will pay no taxes in 2010.  Now, I'm assuming that CNN means that these 45% of households had no tax obligation, meaning that they didn't owe a dime for all of 2010, not that they paid earlier and don't owe anything now.  Also, many of the people who won't pay federal taxes will pay state and local taxes as well as FICA employment taxes, sales taxes, property taxes either through their mortgage or rent.

Some rich people also paid no taxes!