Brief Five Myths About the 47 Percent
William G. Gale, Donald Marron
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As Mitt Romney recently noted, about 47 percent of U.S. households do not pay federal income taxes. Some see this as evidence of a welfare state run amok. Others think that gimmicks and loopholes let both rich and poor Americans duck their taxes. This commentary corrects some misconceptions about this group, now colloquially called the 47 percent.
Research Areas Families Taxes and budgets
Tags Economic well-being Individual taxes Taxes and business Federal budget and economy
Policy Centers Urban-Brookings Tax Policy Center