Fact Check: Romney’s ‘pants on fire!’ lie about the ‘47%’ of Americans whom he holds in contempt

Posted by AzBlueMeanie:

This one is an oldie but goodie that lives on forever in the fact-free world of conservative media. The Washington Post's fact checker Glenn Kessler takes on Willard "Mittens" Romney's lie again today. Mitt Romney, caught on video:

Liar-LiarFirst, let’s start with the notion that nearly half of Americans do
not pay income tax. Yes, as of 2011, about 46 percent of American
households paid no income tax, according to the nonpartisan Tax Policy Center.
But this is one of these “facts” that is not very informative. “Income
taxes” are just one type of tax that people pay, and for most working
Americans — about three-quarters — payroll taxes for Social Security and Medicare far exceed what they pay in income taxes
.

(For
people confused about these terms, income taxes are based on your
income, minus certain deductions. Payroll taxes represent your
contribution to old-age programs, and in the case of Social Security are
capped once your income hits $110,100. Your employer also pays an equal
amount of payroll taxes, which in effect reduces your wages.)

In
other words, substitute the phrase “federal taxes” for “income taxes,”
and then the picture changes dramatically.
Indeed, when all federal
taxes are included, the percentage of people who pay no taxes drops to
10 percent or lower, according to the Congressional Budget Office.

Moreover,
if some people do not pay income taxes, it is because of policies often
advocated by Republicans, such as child tax credits and tax benefits
for the working poor.
President Richard M. Nixon offered an early
version of the earned income tax credit, and it was enacted under Gerald
Ford and expanded under Ronald Reagan and George H.W. Bush. House
Speaker Newt Gingrich (R-Ga.) pushed for the child tax credit — signed
into law by Democrat Bill Clinton in 1997 and later expanded by George
W. Bush in 2004.

Some 44 percent of those who do not pay income
taxes are in that category because they get tax benefits aimed at the
elderly, while another 30 percent benefit from tax credits for children
or for the working poor
, according to a paper published by the Tax Policy Center.

But not all of these people are automatically Obama supporters. In fact, according to a map
published by the Tax Foundation, eight of the top 10 states with the
lowest income-tax liability are the heart of Romney country — the Deep
South
. The only exceptions are Florida, a battleground state, and New
Mexico, which leans toward Obama. Meanwhile, most of the states with the
lowest levels of nonpayers are Obama states
.

As for other
entitlements, of course Social Security and Medicare are reserved for
the elderly — and are generally popular. But it seems simplistic to
think these are all Obama voters, especially since polling indicates
that the Republican share of the vote among white seniors has increased
in each of the last five elections, to 58 percent in 2008.

* * *

Three Pinocchios

UPDATE: Romney's "47 percent" problem in 2 maps. See also, Mitt Romney will probably get 95 electoral votes from ‘moocher’ states. Obama will probably get 5.

Washington Post editorial opinion, Mr. Romney's ‘47 percent’ fantasy.


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2 thoughts on “Fact Check: Romney’s ‘pants on fire!’ lie about the ‘47%’ of Americans whom he holds in contempt”

  1. Does either Mitt Romney or Barack Obama want to end the US military occupation of Afghanistan as soon as possible? No, neither of them do or they do with an all important asterisk after the statement which really means that no they don’t wish to or choose not to.

    This 3 minute music video summarizes my opinion on the US government policy that in the end means more to me than all the tax so-called loopholes ever will.

    http://www.youtube.com/watch?v=oosw_nOoKmM

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