As Mitt Romney recently noted, about 47 percent of U.S. households do not pay federal income taxes. Some see this as evidence of a welfare state run amok. Others think that gimmicks and loopholes let both rich and poor Americans duck their taxes.
Let’s correct some misconceptions about about this group, now colloquially called the 47 percent. [cont.]
William G. Gale, Brookings, and Donald B. Marron, Urban Institute (Washington Post)