Truly Scary Statistic of the Day

Or, Why Democrats Really Are a Bunch of Moochers
Update: Are We This Stupid?

Rusty Shackleford, Ph.D.
Jawa Report
4/17/2012

Over at Drudge he’s running the headline “Only 85 Million Pay Fed Taxes” based on a Tax Foundation report showing just that. There are plenty of scary statistics in there, most of them which you are already familiar with. Such as the finding that those making over $50,000 pay 93.3% of the total tax burden. You do the math, but that means that those making under $50k only pay 6.7% of the feds tax revenue.

How can you have a democracy when a plurality of people don’t pay?

But, you know what sticks out in my mind as the worst thing in the report?

Out of the 143 million tax returns that were filed with the IRS in 2010, 58 million – or 41 percent – of those filers were non-payers….But Tax Foundation data also shows that people who didn’t pay any income tax received $105 billion in refundable tax credits from the IRS

In other words, not only are those making under $50k not paying any income taxes …. lots of them are actually being paid off by the government!

That is, they have an effective tax rate that is negative.

If this isn’t directly buying votes, I don’t know what is…

The article continues at The Jawa Report.

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