Why Taxing The 47 Percent Would Put Millions Into Poverty
Mitt Romney and (apparently) Tim Kaine arent the only politicians who have a problem with poor and middle class people paying no income tax.
In April, House Majority Leader Eric Cantor worried [O]ver 45 percent of the people in this country dont pay income taxes at all, and we have to question whether thats fair.
Part of the problem is today, only 53% pay any federal income tax at all; 47% pay nothing, said Rep. Michele Bachmann (R-MN) last July, ahead of her presidential primary candidacy. We need to broaden the base so that everybody pays something, even if its a dollar.
Just a buck. Sounds like simple idea maybe even an admirable project for the national community, right? In reality the suggestion has some stunning implications.
Its a policy thats effectively designed to put people into poverty, says Chuck Marr, director of tax policy at the nonpartisan but liberal leaning Center on Budget and Policy Priorities.
more:
http://tpmdc.talkingpointsmemo.com/2012/09/why-the-gops-plan-for-the-47-percent-risks-putting-millions-into-poverty.php?ref=fpa