Damn Moochers Who Pay No Marginal Income Tax

You know who does not pay INCOME taxes in America? Mitt and Ann Romney. On their 2011 tax return there is no INCOME, so no income tax. All of their federal axes are capital gains and interest.

Romney’s by know famous “diss heard ’round the world” about the 47% who “don’t pay taxes” was really about people who file returns with no MARGINAL tax payment.  As others have pointed out, that 47% often pay PAYROLL income tax that is by itself HIGHER than Romney’s effective 14.1%.  For example, that noted leftist rag, Forbes magazine discussed this

The real discussion I’d like to see about taxes and fairness is why we tax work at higher rates than ownership of wealth (as gains and interest). That is the unspoken scandal to me.

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