How do 47 not pay taxes

In total, about million Americans or Using adjusted Internal Revenue Service IRS data to include households that do not file tax returns and fewer filing households paying income tax, we arrive at a preliminary estimate of The large portion of households paying no income tax illustrates that the U.

In , that included two rounds of economic impact payments, which were administered as advanced refundable tax credit s. As a result, the share of tax filers who pay income taxes has dropped, largely due to expansions in refundable tax credits, which can more than offset tax liability for low-income households.

For example, in , about 21 percent of filers paid no income tax—that figure rose to 30 percent by and to TPC also found that extending these more generous credits would increase the number of households who pay no income tax from 42 percent to 45 percent in Lower-income households mostly do not pay income tax under current law, so a fewer number become non-payers from the extended tax credits in About 89 percent of households in the bottom 20 percent of income would not pay income tax in under current law, compared to 92 percent if the tax credits were extended.

Higher earners tend to pay a higher share of income taxes as a proportion of their share of adjusted gross income AGI. For example, the top 1 percent of earners earned about The Quote "There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it -- that that's an entitlement.

And the government should give it to them. And they will vote for this president no matter what. These are people who pay no income tax.

I'll never convince them they should take personal responsibility and care for their lives. True or false? Much of Romney's statement relies on assumptions about one demographic: The 47 percent of Americans who he says "pay no income tax. Essentially, yes, according to the the Tax Policy Center, which provides data showing that in , Williams stressed that just because people don't pay federal income taxes doesn't mean they don't contribute in some way.

In fact, a majority of them work and therefore are on the hook for payroll taxes. They also pay local sales tax and state taxes. Skip Navigation.