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Nontaxpayers are Overwhelmingly the Elderly and Students, by Mark Thoma

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At economistsview.typepad.com

When Romney talks about the people who don't pay taxes and tries to make you believe that 47 percent of us are moochers living off the system, it's important to recognize that the people who don't pay federal income taxes are mostly the elderly and students. And notice how narrow the category is -- it's only federal income taxes -- but there are lots of other types of taxes. When all things are considered, 'nearly 100 percent of Americans pay taxes in some way, shape or form': Who Pays Taxes?, Hamilton Project: A popular myth swirling around Washington, DC, and throughout the media these days is that many Americans do not pay taxes, and are therefore free-riding off of our society without contributing themselves. ...

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At economistsview.typepad.com


 

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