Source: Yahoo News
quote: They still pay in to social security, they still pay for a myriad of other federal, state, and local taxes. They just don't pay income tax.
quote: 47% of Americans just don't pay one tax, the federal income tax.
quote: The point of my post was to point out that the particular statistic that gets copied and pasted everywhere is a falsehood. It simply isn't true as it is written, and that minor omission was done to intentionally make the statistic sound much worse than it really is.
quote: The discussion was about federal taxes, however his "fact" did not specify federal taxes, and his post did not mention them specifically.
quote: @chµck: Tax rate isn't the problem. 47% of people not paying taxes is the problem.
quote: @name99: Congress has shown zero interest in ever raising US taxes. Until that changes, stop wasting our time complaining about what Obama is or is not doing.
quote: Personally, I don't think that that particular hole in the federal budget is insignificant, but at the same time I can't believe that it accounts for even 10% of overall individual income in the US.