The states where the 47 percent live- slideshow – slide – 1 – NBCNews.com
By Daniel Bukszpan, CNBC.com
Mitt Romney was essentially right when he said in a recently surfaced video that 47 percent of the voting public pay no federal income tax. Who are these people, and why are they exempt?
“They’re either paying payroll taxes or they’re the elderly,” Heather Boushey, senior economist at the Center for American Progress. “Everyone pays taxes of some sort. If you have a job, you pay payroll taxes. If you buy things, you pay sales taxes. And people pay taxes to their state and local governments.”
Other groups who pay no federal income tax include retirees and people earning $20,000 a year or less.
Read ahead to see the 10 states with the highest number of people who pay no federal income tax.
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Warm Regards / Ganesh Srinivasan
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