diberry - 7:39 pm on May 24, 2013 (gmt 0)
Close to half of all Americans pay no federal income taxes.
Did you miss all the rebuttals after Mitt Romney said this?
The 47% stat refers to people who get back what they paid in thanks to deductions, in addition to people who don't even earn enough to file. Many of these people are middle or upper class, and the government gets to collect interest on their paycheck deductions for a year before returning it via a refund. That's a far cry from simply not paying in at all, but hey, if you want to do away with all the tax breaks for people getting married and having kids, fine with me. We're overpopulated as it is, but you'll find ALL governments invest a lot in making sure we stay that way, so good luck.
Many of the other people in this 47% category are: the military, retired people who no longer have any earned income to tax, and others in extremely low wage jobs. I believe taxes are not taken out of military paychecks to begin with, and obviously it's hard to take income taxes out if someone's not getting a paycheck.
The very poorest Americans pay no federal income tax at all - they actually get money via the earned income credit.
Huh? Nobody gets back more than they paid in.