Tag Archives: Mother Jones

Mitt Romney And The 47%

I’ve listened to the Mother Jones video several times now – I just listened to it again –  and I don’t hear a controversy.  I don’t hear anything inflammatory.  I don’t hear one word said in malice or with the intent to hurt anyone.  And I certainly don’t hear anything not true.

Nearly Half of Americans Don’t Pay Federal Income Tax

In the Mother Jones video Romney makes the claim that 47% of Americans don’t pay a federal income tax.  He’s right, or at least he was right when he made the claim.  In 2011 that number was only 46%, but in 2010 the percentage of Americans not paying the tax was 47%.  Just like Romney said.

According to the CBO, in aggregate, the poorest 60% of us don’t pay a federal income tax.  Worse, the top quintile, the wealthiest 20%, pay more than 94% of federal incomes taxes according to the most recent numbers in 2009.

Ninety Four Percent!

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