I know a retiree who owns about $3,000,000 in tax exempt municipal bonds which he purchased with after tax dollars. He also receives Social Security retirement benefits which he contributed to for over 40 years.
So he is part of that 10.3% that pays no income or payroll tax.
I wouldn't begrudge him that, even if he weren't me.
P.S - He does pay a wide array of sales taxes, excise taxes, gas taxes, property taxes and an assortment of taxes the goverments like to call "fees".
PLUS - if Øbama has his way, he will pay a large portion of his wealth in Death Taxes.
There will ALWAYS be true patriots that don’t pay taxes (but the percentage is pretty small). The problem is the vast majority of these “don’t pay taxes” types all vote Democrat because raising taxes don’t hurt them at all.
Saying the entire 47% are “Moochers” is not correct.
Good thing that’s not what Romney said. All he did that I can see is point out the fact that 47% paid no income tax. I guess telling the truth is out of fashion these days.