An Update for Tax Day:
Check out my update to this article: 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.
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This is one of the constant rallying cries of those of the right-wing.
Many appear to be incensed that they pay taxes and so many of their fellow Americans do not.
I've often ansewred these kinds of whines with a comment on the order of: "Be glad that you have the income to pay taxes." Or: "I would gladly pay the taxes that you whine about if only I could also have your income."
Now, I'm not a fool. I have close friends who make a lot of money...not millions, but low to mid 6 figure money. They pay a lot of taxes. But they live a very, very good life. They have big homes, vacation homes, a boat, new cars, weekend trips frequently; you get the picture. They are not hurting, taxes or not.
But I just read the best answer to the "Working class and poor people don't pay any taxes" complaint. Here's the specific comment:
"HELLO!
THE POOR PAY NO FEDERAL TAX
47% of Ameican househods pay NO federal tax
PLEASE!"
To which my friend at Huffington Post, "APMOTRBC", replied:
And that should horrify you . . . that 47% of your fellow Americans are being paid so poorly by the businesses for which they work they don't make enough to sustain themselves as well as contribute financially to the common good.
I'm going to say this slowly because it seems that conservatives can't grasp the concept. THE REASON THAT 47% OF ALL AMERICANS DON'T PAY FEDERAL INCOME TAXES is that they don't make enough income to PAY IT.
They don't have the money. The reason the rich pay the income tax is because they have the WEALTH.
You do know that the bottom 50% of the country holds only 7% of the assets/wealth, while the top 10% controls 83%......
You don't just want your share . . you believe you are entitled to everyone else's share too.”
Thanks, APMO!