MITT ROMNEY: “This is really a discussion about the political process of winning the election and, of course, I want to help all Americans. All Americans have a bright and prosperous future, and I’m convinced that the president’s approach has not does that and will not do that.”
The president reacted to the comments on a television talk show. He noted that in two thousand eight, forty seven percent of voters did not choose him. But in Mr. Obama’s words, “One of the things I’ve learned as president is you represent the entire country.”
After the video’s release, budget experts hurried to identify the forty seven percent of Americans who depend on government support. The Tax Policy Center, an independent group, said just a little more than forty six percent pay no federal individual income taxes.
But twenty eight percent of those not paying federal income taxes make payroll tax payments. This money is taken from a worker’s wages. Payroll taxes provide for Medicare, the health plan for the aged, and Social Security, the government assistance program for retired workers.
About seventeen percent of homes or families pay no income or payroll taxes. Almost all of those households are identified either as older adults or very needy people.
Almost no one in the United States pays no taxes at all. There are taxes on companies, on imports and on inheritance, money or other property passed down by people who have died. There are also state and local taxes, and taxes on property, sales and gifts.
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