Deep Divisions over Debt Reduction Proposals

Public concern over the debt and deficit, already extensive, is only likely to increase as the so-called “fiscal cliff” approaches at the end of the year. Yet among a dozen specific options for reducing the debt and deficit, only two win majority approval from the public – raising taxes on […] Read more »

Only 22% Of Americans Think They Are In The 47%

… The most recent YouGov/Economist poll asked, “Do you pay federal income taxes?” Seventy-eight percent said they do. Given that about 54 percent of households pay federal income tax that suggests roughly 24 percent of respondents report that they pay federal income taxes, but do not. … What this means […] Read more »

Five myths about the 47 percent

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 […] Read more »