The point is that the 47 % are not paying their “Fair Share” of PERSONAL Federal Income Tax.
The Federal Welfare Entitlement Plantation is now totally dependent on selling America down the river by selling IOU Federal Bonds to China and other bond buyers.
40 cents on every Federal Dollar spent go to pay for Entitlements.
40 cents on every Federal Dollar spent must be borrowed from those who buy Federal Bonds.
The 47 % who pay NO Personal Federal Income Tax will vote their wallets and keep Commie Obama in power.
Now is the time for Romney to double down, NEVER apologize, and attack Commie Obama!
Sounds like a great line, and I know a number of FReepers who have run with it, but it doesn't hold water. A huge chunk of the 47% don't pay personal federal income tax because they have no tax liability -- e.g., they only make $25-$30K a year, and the standard deduction wipes out their liability. (That number actually grew with the Bush tax cuts.) Then of course there are the elderly who get tax credits, etc.
You can't villanize people simply because they don't make enough money to pay taxes. In other words, you can't assume that they are dependent upon government largesse or believe they are entitled to such largesse simply because they have lower paying jobs.
Judge Judy - Here’s Who You Support With Taxes
http://www.youtube.com/watch?v=LFke1xOaTEA
I love the look on Judge Judy’s face when a defendant tells her she/he does not work but got $6000 from the IRS (EITC refunds).
Ramsey county, Moneysota Welfare, best in the world, and Judge Judy ask this be sent to Congress too.