My most popular blog post, by a long shot, was this one in July 2011 explaining why almost half of Americans paid no federal income tax. If you are interested in some context behind Governor Romney’s now famous remarks about the 47 percent (TPC calculated it as 46 percent for 2011), please check it out.
One item I didn’t mention in that post is that the number of taxpayers not paying federal income tax should decline over time. As the economy recovers, higher incomes will boost the fraction of households that pay federal income tax.
2 thoughts on “About the Famous 47% Figure (and Its 46% Cousin)”
Incredible submit which has received me considering in regards to the prospective of the idea. Truly actually incredible.
Paul Smith a rendu hommage à “un créateur très talentueux et créatif”.
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