Oh, and they would like your vote and support in November of 2012.
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Okay, here are some facts, courtesy of the Tax Policy Center. They may not allay Mr. Perry’s dismay, but they should assuage the concerns of anyone with a soul.
•Of the 46% of households who don’t pay income tax, nearly 2/3 pay payroll taxes.
•Of the 18% who pay neither income nor payroll taxes, more than half are elderly.
•More than 1/3 have incomes below $20,000. (Note: Ronald Reagan made the decision in 1986 to exempt people with incomes below the poverty line from federal income tax. Twenty-five years later, that still seems like a good call.)
•Only 1% of nontaxpaying households are nonelderly with incomes over $20,000. I’m dismayed about them too governor. Maybe we should close some of the loopholes that allowed almost 1,500 millionaires to escape income tax in 2009 -end of clip-
by Len Burman
read full article @:
http://www.forbes.com/sites/leonardburman/2011/08/18/rick-perry-middle-income-americans-dont-pay-enough-income-taxes/
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