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  • Obama's Tax Fallacy: "I gave 95% of all Americans a tax cut..." Really?

    01/27/2010 9:34:10 PM PST · by EternalVigilance · 21 replies · 1,410+ views
    AIPNews.com ^ | January 27, 2010 | Larry Walker, Jr.
    By: Larry Walker, Jr. First of all 41% of Americans don't even file income tax returns. Secondly, out of the 59% who do file tax returns, 43.4 million out of the 136 million tax returns filed face a zero or negative tax liability. So if 32% (43.4/136) of the those who file don't owe any taxes, and if 41% don't even file income taxes, then that equals 73% who don't pay any income taxes. That leaves the rest of us. So did 95% of the 27% who actually pay income taxes get a tax cut? I doubt it, but even...