Thursday, September 20, 2012

Mitt 47%?   Here’s the math!

  • 53.6% - pay federal taxes
  • 28.3% - are working, no federal tax, but do pay payroll taxes
  • 10.3% - are the elderly living on Social Security
  • 7% - have income under $20K and pay no federal taxes
  • < 1% - students and high income folks (that would include folks like YOU!)
My mistake…you’re not in the 1%.   You say you did pay 13% last year!   By the way...how much did you pay in 2010?   Just curious?

Cartoon source here

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