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Tax nor payroll taxes are low income people elderly, unable to work due to serious disability, or students, most of whom subsequently become taxpayers. and when all federal state and local taxes are taken into account, the bottom fifth of households pays about 16% of incomes in taxes on average. in other words, most of the bottom fifth of american households pay a higher tax rate than mitt romney. here is the best part. how do states with the highest percentage of nonfederal income taxpayers tend to vote? republican. rush's in vocation of the 47% was in voekd by a heritage foundation that show...

47% of americans are not paying income tax and i guarantee you those who would be made citizens via amnesty would also be in the income range where they wouldn't be paying any taxes. >> the politics of the 47% are back, and this time it is over immigration. before we talk about what exactly is so wrong with the limbaugh position on immigration, let's remind ourselves just who is in the 47%. most of the 47% pay payroll taxes and most of the people that pay neither federal income tax nor payroll taxes are low income people elderly, unable to work due to serious disability, or students, most of w...

Of television, worldwide cable, internet, all of these things make very few people very valuable. and this is not getting across. the economics of capitalism have changed with the technology that makes success so pervasive. >> i agree with that but there is a very important point that's lost in this. they divide the country into the top fifth middle, middle and bottom fifth. the liberal groups say top fifth has gotten richer and the bottom fifth has dropped or stayed the same. new bottom fifth. the bottom fifth. and said where were they 10 years later? only 16% of them was still in the bottom ...

Look at what the congressional budget office, a non-partisan government agency says would be the impact of your policy. currently, the bottom fifth of households, in terms of their income in the u.s., pays an average federal tax rate of 2%. while the top fifth pays an average federal tax rate of 21%. again, if your flat tax is somewhere between 10 and 15%, just looking at that statistic, the bottom gets hit while the top makes out. >> okay. well what we have to think about, chris, is how do we fix the economy so that it encourages entrepreneurial risk-taking and capital investment. how do we c...

Internet, all of these things. they make very few people very valuable, and this is not getting across. the economics of capitalism have changed with the technology that makes success so pervasive. >> i agree with that, butt there's a very important pointlo that's lost in this.th they divide the country into thl top fifth, middle, middle, middle, bottom fifth.te the middle groups say the top 5th has gotten richer and the bottom 5th has stayed the same, but it's a new bottom fifth. they did a study in 1990 where they took the people in the w bottom fifth and said where were they 10 years later....