Infographic from CNBC cuts to the chase re: the “money comes in, money goes out.”
More interesting: What’s up with Mitt Romney’s infamous 47%?
Well, according to the Tax Policy Center …
Though unemployment is reportedly down, the 47% is alive and well …
It actually has been hovering around 45% for the past couple of years … with roughly 1 in 4 paying zero or less for income and payroll taxes combined.
You can draw your own conclusions …
For a dated but deeper drill down see our prior post:
Nums: Who pays taxes? Who benefits?