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Tag Archives: 47 percent
The Game Changer – The 47% Tape
Nate Silver clearly depicts the adverse effect of Governor Romney’s ‘47% statement‘ on the popular vote metric. His graph also depicts a significant jump in President Obama’s popularity after the Democrat National Convention with a simultaneous drop in Governor Romney’s … Continue reading
Posted in Elections
Tagged 47 percent, elections, Obama, politics, popularity, Romney, Silver
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American Wages, Poverty and the Tax Question
We wonder why so many people escape federal income taxes with a wage distribution that is skewed toward the low wage end? See the related post, One Major Reason the Poor Pay No Federal Income Tax: The Earned Income Tax Credit. Related … Continue reading
One Major Reason the Poor Pay No Federal Income Tax: The Earned Income Tax Credit
Given the interest in “taxes,” “the 47 percent” and “freeloaders who don’t pay taxes” I thought shedding a little more light on the reason why the poor don’t pay federal taxes is in order. One major reason the poor don’t … Continue reading
Posted in Economy, Government, Poverty, Socio-economic Status, Taxes
Tagged 47 percent, EITC, employment, labor force, poor, poverty, Reagan, taxes, welfare
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Who are Romney’s 47 Percent Who ‘Believe They are Victims and Who are Dependent upon Government’
The Tax Policy Center has completed an analysis of the nearly 47 percent of households that paid no federal income taxes for 2011. These are the people who Romney has identified as victims and dependent on the government. Let’s examine … Continue reading
Posted in Economy, Elections, Government, Socio-economic Status
Tagged 47 percent, elderly, federal taxes, payroll taxes, poor, Romney, socio-economic status, tax credits, taxes
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