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Originally Posted by jms62
interesting article even more interesting is to hear rationalizations from people as they vote against their own self interests. According to this it is not ok to pay no taxes because your income - legal deductions don't meet the minimum standards for taxation however it is pefectly fine to EVADE taxes by stashing your cash in the Caymans.
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Interesting aside: all those tax credits that are allowing lower income folks, people with lots of kids, mortgage deductions, etc to pay no federal taxes? Several of those tax credits were passed by Bush I and II.
And of course, half of the "no tax payers" are elderly, and pay no tax on their Social Security income. Evil moochers? Freeloaders? Hardly.
The bigger story about this, is that Mitt relaying the conservative meme that "47% pay no taxes thus they are freeloaders" is that the statement itself is a lie. They are not freeloaders. Half are elderly, and half are too poor to pay federal taxes (although they pay plenty of other taxes).
Which makes Mitt's disparaging dismissal of them as "freeloaders" both very, very cold and ignorant of America.